Forwarded from Mohammed Talib Official
ज्ञान की बात :- 52
About RSI
The Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. The RSI oscillates between zero and 100. Traditionally the RSI is considered overbought when above 70 and oversold when below 30. Signals can be generated by looking for divergences and failure swings. RSI can also be used to identify the general trend.
RSI is considered overbought when above 70 and oversold when below 30. These traditional levels can also be adjusted if necessary to better fit the security. For example, if a security is repeatedly reaching the overbought level of 70 you may want to adjust this level to 80. During strong trends, the RSI may remain in overbought or oversold for extended periods.
Advantages of RSI
1 - effective way to predict potential trends
2 – RSI can give very good signal when to enter and when to close position
Disadvantages of RSI
1 - true reversal signals are rare and can be difficult to separate from false alarms.
2- RSI can stay long time in overbought or oversold zone .
3 - when a market features a strong trend, the RSI loses its usefulness
There is no magic indicator that can predict with certainty when to enter or when to exit a trade. If there was, everyone would use it, and there would be no dynamic market as everyone would buy, and everyone would sell at the same time.
About RSI
The Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. The RSI oscillates between zero and 100. Traditionally the RSI is considered overbought when above 70 and oversold when below 30. Signals can be generated by looking for divergences and failure swings. RSI can also be used to identify the general trend.
RSI is considered overbought when above 70 and oversold when below 30. These traditional levels can also be adjusted if necessary to better fit the security. For example, if a security is repeatedly reaching the overbought level of 70 you may want to adjust this level to 80. During strong trends, the RSI may remain in overbought or oversold for extended periods.
Advantages of RSI
1 - effective way to predict potential trends
2 – RSI can give very good signal when to enter and when to close position
Disadvantages of RSI
1 - true reversal signals are rare and can be difficult to separate from false alarms.
2- RSI can stay long time in overbought or oversold zone .
3 - when a market features a strong trend, the RSI loses its usefulness
There is no magic indicator that can predict with certainty when to enter or when to exit a trade. If there was, everyone would use it, and there would be no dynamic market as everyone would buy, and everyone would sell at the same time.
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JUST IN | Aditya Birla Fashion to buy 51% stake in Styleverse Lifestyle for ₹155 cr: Agencies
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#ChartPeCharcha #SCSM
Assalamu alaikum.
I would like to thank all of the experts for sharing their analysis and charts yesterday.
Below is the watchlist created using the same.
VTL
INDNIPPON
JUBLFOOD
MAXHEALTH
KPITTECH
BAJAJCON
LGBBROSLTD
ELGIEQUIP
REPL
LIKHITHA
TOKYOPLAST
INDOBORAX
MODISONLTD
CGPOWER
DHARMAJ
SATINDLTD
RAILTEL
AHLUCONT
Active contributions from brothers-
Nazir, Sufiyan Khalifa, Muneer, Alim pathan, Abdul Raheman, Sameer (arms), Fuzel Chhota, Ahsan khan, Arif Shaikh, Aftab, Faiqe, Bilal Afzal and others.
Jazakumullahu khairan.
May Allah bless you with more knowledge. Ameen.
Other members are encouraged to study these/share their own analysis.
#weekend #22Oct2023
Assalamu alaikum.
I would like to thank all of the experts for sharing their analysis and charts yesterday.
Below is the watchlist created using the same.
VTL
INDNIPPON
JUBLFOOD
MAXHEALTH
KPITTECH
BAJAJCON
LGBBROSLTD
ELGIEQUIP
REPL
LIKHITHA
TOKYOPLAST
INDOBORAX
MODISONLTD
CGPOWER
DHARMAJ
SATINDLTD
RAILTEL
AHLUCONT
Active contributions from brothers-
Nazir, Sufiyan Khalifa, Muneer, Alim pathan, Abdul Raheman, Sameer (arms), Fuzel Chhota, Ahsan khan, Arif Shaikh, Aftab, Faiqe, Bilal Afzal and others.
Jazakumullahu khairan.
May Allah bless you with more knowledge. Ameen.
Other members are encouraged to study these/share their own analysis.
#weekend #22Oct2023
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You bought a plot of land
Next year due to excessive rain there was a flood which reduced the value of your plot.
So will you sell your plot cheap out of fear? No one will sell as far as I believe because the flood will end in a few days and the plot will come back to its value.
Such flood-like situations keep occurring in the share market, do not be in a hurry to sell your plots (stocks).
Next year due to excessive rain there was a flood which reduced the value of your plot.
So will you sell your plot cheap out of fear? No one will sell as far as I believe because the flood will end in a few days and the plot will come back to its value.
Such flood-like situations keep occurring in the share market, do not be in a hurry to sell your plots (stocks).
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Members are requested to avoid Israeli-palestine discussions in the group.
Jinhe karna h personal level pr kren.
Har kisi ko apke views se ittefaq ho zaruri nhi. Group me insteshar na ho kisi trh ka islie zaroori hai aesa.
Jazakallah
Jinhe karna h personal level pr kren.
Har kisi ko apke views se ittefaq ho zaruri nhi. Group me insteshar na ho kisi trh ka islie zaroori hai aesa.
Jazakallah
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Baap of Chart asked to refund over Rs 17 crore in fee, banned from securities market
https://www.moneycontrol.com/news/business/markets/baap-of-chart-asked-to-refund-over-rs-17-crore-in-fee-banned-from-securities-market-11597411.html
https://www.moneycontrol.com/news/business/markets/baap-of-chart-asked-to-refund-over-rs-17-crore-in-fee-banned-from-securities-market-11597411.html
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I have seen correction 7 times in 10 years 2013/2015/2016, the market had fallen three times in a short period of time.
But 2018/2019 was a very bad time in which the market fell a little every day and this continued for 27 months.
After that came Corona in 2020. This time the market both fell and rose very rapidly because at that time the interest rates were at their lowest.
Then in the beginning of 2022, after the war between Russia and Ukraine, the market started falling, this time the reason for the fall was the increase in interest rates.
This time the decline continued for 15 months where Small Cap Index came from 12k to 8500. After that there was a recovery in the market and all the indices made new all-time highs.
The special thing is that after every fall, recovery is also wonderful.
Only the one who is patient and persists will earn money.
#StayPositive
But 2018/2019 was a very bad time in which the market fell a little every day and this continued for 27 months.
After that came Corona in 2020. This time the market both fell and rose very rapidly because at that time the interest rates were at their lowest.
Then in the beginning of 2022, after the war between Russia and Ukraine, the market started falling, this time the reason for the fall was the increase in interest rates.
This time the decline continued for 15 months where Small Cap Index came from 12k to 8500. After that there was a recovery in the market and all the indices made new all-time highs.
The special thing is that after every fall, recovery is also wonderful.
Only the one who is patient and persists will earn money.
#StayPositive
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ईमाम शाफ़ई रहo ने फ़रमाया:-
लोगों की बातें (तंज़,ताने) पत्थरों की तरह होती हैं,अगर इन्हें अपनी कमर के ऊपर रख लोगे तो ये आपकी कमर तोड़ देंगे और अगर इनको अपने पैरों के नीचे रख लोगे तो तुम्हारा क़द ऊँचा हो जाएगा.
लोगों की बातें (तंज़,ताने) पत्थरों की तरह होती हैं,अगर इन्हें अपनी कमर के ऊपर रख लोगे तो ये आपकी कमर तोड़ देंगे और अगर इनको अपने पैरों के नीचे रख लोगे तो तुम्हारा क़द ऊँचा हो जाएगा.
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⚠ Alert
Profit book karte rehna.
Lalach me naa aana.
Profit book karte rehna.
Lalach me naa aana.
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I don't think so this is right time to invest in ipo because market sentiments is not Good
Global Market Also facing a huge Selling Pressure.
May Be I am Wrong..
Global Market Also facing a huge Selling Pressure.
May Be I am Wrong..
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Mitron weekend is here.
#ChartPeCharcha shuru kren?
Like= yes
(Jise jb moqa mile tag krk ek chart share krna h aapne bas)
#ChartPeCharcha shuru kren?
Like= yes
(Jise jb moqa mile tag krk ek chart share krna h aapne bas)
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😍😍😍😍😍😍😍😍😍😍😍😍
Kya aap ko candle stick pattern ab bhi samajh me nahi aata ?
Kya aap ko buy aur sell kab karna hai ab bhi samajh me nahi aata ?
Kya aap k paas technical analysis karne k liye time nahi milta ??
Har baar ki tarah is baar bhi SCSM kuch Naya aur simple aur interesting leke aa raha hai...
R u interested ? Stay tuned..
Kya aap ko candle stick pattern ab bhi samajh me nahi aata ?
Kya aap ko buy aur sell kab karna hai ab bhi samajh me nahi aata ?
Kya aap k paas technical analysis karne k liye time nahi milta ??
Har baar ki tarah is baar bhi SCSM kuch Naya aur simple aur interesting leke aa raha hai...
R u interested ? Stay tuned..
TGT 💯 likes on this msg👍167❤10💯9