hi,
how can we know if a stock is still on the upward trend or downward trend?
is there any techincal indicators which we can use to confirm trend?
thanks
hi,
how can we know if a stock is still on the upward trend or downward trend?
is there any techincal indicators which we can use to confirm trend?
thanks
Number of candles shown are very less.If you could provide previous data,
then identification of trend will be easier.
Attached chart shows uptrend.Though at initial stage of chart ,price making
lower tops ,but it is not making lower bottom.And at the end of chart
it is making higher top, So it is uptrend.
See attached chart of sensex.Though sensex will come to 7000 mark,yet long term uptrend is intact.
If you are long term investor,then follow the trend .