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  • Investment Theories 4

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    DIA WORLD
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    The document discusses technical analysis of stock market trends and indicators. It notes an overall uptrend in Nifty formation of an ascending triangle pattern indicating accumulation. It then explains what the relative strength index (RSI) measures and how levels above and below 60 and 40 can indicate bullish or bearish momentum. Finally, it provides a analysis of SRF, noting an overall uptrend on the monthly timeframe, a flag and pole pattern on the daily chart, and entry and stoploss targets.

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    Investment Theories 4 (1)

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    The document discusses technical analysis of stock market trends and indicators. It notes an overall uptrend in Nifty formation of an ascending triangle pattern indicating accumulation. It then explains what the relative strength index (RSI) measures and how levels above and below 60 and 40 can indicate bullish or bearish momentum. Finally, it provides a analysis of SRF, noting an overall uptrend on the monthly timeframe, a flag and pole pattern on the daily chart, and entry and stoploss targets.

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    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    2 views9 pages

    Investment Theories 4

    Uploaded by

    DIA WORLD
    The document discusses technical analysis of stock market trends and indicators. It notes an overall uptrend in Nifty formation of an ascending triangle pattern indicating accumulation. It then explains what the relative strength index (RSI) measures and how levels above and below 60 and 40 can indicate bullish or bearish momentum. Finally, it provides a analysis of SRF, noting an overall uptrend on the monthly timeframe, a flag and pole pattern on the daily chart, and entry and stoploss targets.

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    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 9

    Overall analysis

     Overall uptrend
     ascending triangle formation
     Its looks like an accumulation
     But bank-nifty showing weakness
    Nifty chart-
    Investment theories-
     Yesterday we have discussed about dow-theory
    Trends-
    RSI

     The relative strength index (RSI) is a momentum indicator used in technical analysis. RSI
    measures the speed
     RSI varies between 0-100
     In those levels 60 and 40 are major important levels
     Above 60 bullish, below 40 bearish and between 60-40 bearish
     RSI divergence, reverse divergence are important signals
     Below are some examples
    Rsi 60-40
    SRF analysis-

     Overall uptrend
     Took support of lower BB on monthly timeframe
     Wait for breakout of flag and pole on daily
     Entry-2395
     Stoploss -2312
     Target- 2600
    SRF Chart -1M

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