I am going through Mark Minervini's books. He keeps talking about "Bases" & "Emerging from a Base" & Base 1, Base 2 etc but he hasn't clearly explained anywhere what exactly is a "Base". Is there a proper definition/description of what exactly is a base?
Hi guys, I am a relative beginner with Technical Analysis. Read quite a few books. In the books the charts & patterns so nice & clean & it seems like I understand them perfectly. But when I actually look at real life charts, I am totally unable to identify the patterns. In the books, they so...
Trying my hand at chartink.com scanner filters for the first time.
I want to create a couple of filters
1) Current Stock Price greater than 150 day Moving Average price line. Is below the right way to do it?
2) Current Stock Price 30% or more greater than 52 week Low. Is below the right way to...
I was looking for Weekly OHLC, Volume data for the Nifty Index. I found it at Yahoo, but Volume data seems off
August to current data shows volume in 1000s...
This is not for day trading but medium to long term buying & selling of the NiftyBEES ETF.
If is better for me to go through the NiftyBEES ETF chart or should I just look at the Nifty 50 index charts to determine entry & exit points?
If you get stock prices from NSE
Type in any stock symbol & click on Get Data.
For any price, it gives 2 close prices - Last Price & Close Price.
If I want to plot my own charts, which would I use as the Close price?
Someone published a screenshot of his chart on Twitter - https://pbs.twimg.com/media/ELXKxdeUwAAFFJp?format=jpg&name=large
I looked at the Nifty 50 chart on TradingView on my own browser & it looked different. So it's probably not the chart of Nifty 50.
How do I figure out what chart he...
Thank you. Can we use the same bands given by Magee (Less than 0.40, 0.40-0.79, > 0.79) to classify stocks as conservative sensitivity, median sensitivity & speculative sensitivity when we use the sensitivity given by the NSE csv files?
Also, is there any translation for the price bands give...
In Edward Magee's Technical Analysis Book, in Chapter 27, he has a table for calculating stop distances. For e.g. when you buy a stock, you put a stop at x% below the price you bought it or x% below a recent low. His table suggests how much x should be for different stocks.
In the Indian...