TECHNICAL ANALYSIS

TECHNICAL ANALYSIS

NOW DOCTOR USES THERMOMETER TO MEASURE TEMPERATURE..

ANCIENT DOCTORS USES NERVES TO MEASURE TEMPERATURE...

NORMAL PULSE RATE IS 72

IF HIGH THEN IT IS A PROBLEM

AND

IF HIGH THEN IT IS ALSO A PROBLEM

ALSO CHECK THAT URINE IS PALE YELLOW SO IT SHOWS SOMETHING WRONG IN BODY

SO THESE ITEMS ARE RELATED TO BODY...

PULSE,URINE,STOOL ETC THESE ALL ARE INDICATORS THAT SHOWS SOMETHING GOOD OR BAD IN THE BODY...

SO GROUP OF DOCTORS CLOSELY EXAMINE ALL TESTS LEVEL AND DECIDED THAT IF THIS HAPPENS THEN THAT WOULD HAPPEN

FOR EXAMPLE IF URINE IS YELLOW THEN THIS INDICATES THAT SOMETHING IS WRONG AND IT IS NOT WISE TO WALK OR DO SOMETHING HARD...

IT INDICATES THE TAKE CARE SIGN..

IF PLATELATES REDUCES IN THE BODY THEN THIS DISEASE HAPPENS

THESE ALL ARE ASSUMPTIONS BASED ON HISTORICAL DATA WHICH GROUP OF DOCTORS EXAMINE BEFORE..

SO SIMILAR IS THE MARKET...

IT GIVES THE DATA POINTS THE OPEN THE CLOSE THE LOW THE HIGH THE VOLUME THE RESISTANCE ETC

NONE OF THE DOCTOR IS 100 CORRECT IT REMAIN 60-70 % CORRECT SIMILAR IS THE CASE FOR TECHNICAL ANALYSIS..SO THERE IS LIMITATION..

NOTE HISTORY REMAINS ITSELF....

SO TO OVERCOME THIS 40-30% LOSS YOU HAVE TO MANAGE TWO THINGS

1 IS MONEY MANAGEMENT AND

2ND IS EMOTIONS.....

CANDLESTICK

FOR YOU HAVE COME TO A MARKET TO SELL YOUR RICE FROM FAR VILLAGE

BUT WHEN YOU REACHES YOU SEE THAT MARKET IS CLOSED AND IT IS INDICATED THAT MARKET CLOSES AT THE RATE OF 25. SUDDENLY A BROKER ARRIVED AND ASK YOU THAT DON'T
WORRY I WILL BUY ALL OF YOUR RICE AT THE RATE OF 23.SO YOU DECIDED TO DO SO AND AGREE TO SELL.BUT SUDDENLY ANOTHER CAME THERE AND ASK YOU WHAT YOU HAVE DONE
BECAUSE THE MARKET ONCE RISES UPTO 30 AND YOU SELL YOUR RICE AT 23...??..SO YOU DOUBT AND DECIDE NOT TO SELL THE RICE AT 23 BUT HE FIRST BROKER TOLD THAT
MARKET REACHES AT 30 BUT STARTS FROM 15 TODAY AND ALSO MARKET MOVE DOWNWARD UPTO 15 AS WELL SO YOU ARE TRAPED HERE IN 6S AND 7S WHAT TO DO ..SO HERE COMES
THE CANDLESTICK ANALYSIS WHICH EXAMINE ALL OF THE POINTS I.E OPEN CLOSE HIGH LOW..

SO IF MARKETS OPENS UP AND START FROM A POINT AND MOVE UPWARD....SO OPEN REMAIN AT BOTTOM AND CLOSE REMAIN AT THE TOP BUT

IF MARKET OPENS UP AND MOVES DOWNWARD TILL END OF THE DAY SO OPEN POINT REMAIN ABOVE AND CLOSE COMES TO THE BOTTOM...

NEXT WE WOULD STUDY CANDLESTICK BODY..TUG OF WAR BETWEEN SELLER AND BUYER AND TYPES OF