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How to trade in Bullish Market?Back

Nowadays around 20% traders and investors are using technical charts to analyse a stock or commodity for trading in stock market. But still only few people are successfully earning from security market with the help of technical analysis chart. There are some few steps to trade in bull market.

First check the primary trend of the market on weekly and Daily time frame accordingly you have to invest in different time frame. Like if you came to know the trend is in upside and you want to trade intraday then simply change the time frame of the chart. 1 min to 1 hour time frame is good for intraday traders. You can use a Moving average for intraday trading; shorter moving average will give you good supportive area; where you can buy that stock. One more tool you can use like RSI, Stochastic or Williams %R these will help you in intraday trading. When oscillator start moving below over bought area and in price a bullish reversal form then wait for confirmation. This is the best way to trade in bullish market.

To know the details about trend identification, strength of the trend join NIFM Institute. Call 9910300590 or visit our website for details www.nifm.in

 
 
 
Posted on: 22-Feb-2017 | Posted by: NIFM | Comment('0')
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