Technical Analyses For Beginners in Stock Market .

in hive-150122 •  9 months ago 

"Peace be upon You"

Hello everyone I am @shahariar1 mod of Steem of Animals Community.I am From #Bangladesh

Today I am going to discuss an important topic of stock market Technical Analysis. I think this will be help full for newbies. I will try to present the matter in very simple language. Technical analysis is a must for trading. By reading the post you can easily gain general knowledge about what is technical analysis and how to do technical analysis.

technicalAn Analyses.png
Covar Photo Made by Canva

You all must be aware that trades are generally of 2 types 1, Short trade and 2, Long trade. In the case of short trade, the importance of analyzing the market is immense. And it is important to understand the trend in the short market.

I am telling you to convince. Consider a car going from Kushtia to Dhaka. If you get into this car in the middle of the road, you will definitely reach Dhaka.

If you understand that the market will go up. If you take entry in the market right then you will surely profit. Therefore, it is important to understand the trend in the short market.

IMG_20240225_222541.jpg
Up trend screenshot of Steem market

Similarly if you take your entry in down trend then you will definitely lose. So it is very important to be aware of the market trend. There are generally 3 types of trends in the stroke market.

  • Up Trend: Up Trend means that the graph in the market tends to move upwards. The market price continues to increase.

  • Down Trend : Down Trend Down Trend means that the market price tends to move downwards. The graph of the market shows that the price is slowly going lower.

  • Sideways Trend :Sideways Trend means that the market does not move upwards. Do not go down again. Creates a market.

IMG_20240226_085419.jpg
screenshot
IMG_20240226_085104.jpg
screenshot

I would now like to introduce you to some new words. For example, each high in an uptrend graph is called a hair high. High and Low are called Higher Low I will show you the matter through a graph.

IMG_20240226_091132.jpg
screenshot

Similarly lower low and lower high are great when down train starts now. Hope you get the point, no need to show it through graphs.

Determining these three trends is very important in trading. It is important to understand whether the market is up trending or down trending or creating sideways market. I will describe the easy way to determine in the next post I am ending today's content by wishing everyone to be healthy till now.

Support @bangla.Witness by Casting your witness vote


VOTE @bangla.witness as witness


witness_vote.png

OR

SET @rme as your proxy

Best regards from Shahariar Rana

Cc,
@rme .
@hungry-griffin.

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

Congratulations, your post has been upvoted by @scilwa, which is a curating account for @R2cornell's Discord Community. We can also be found on our hive community & peakd as well as on my Discord Server

Manually curated by @ abiga554
r2cornell_curation_banner.png

Felicitaciones, su publication ha sido votado por @scilwa. También puedo ser encontrado en nuestra comunidad de colmena y Peakd así como en mi servidor de discordia

Hello @shahariar1,

Your post quality is not satisfactory, please increase the details of your post and make a post rich in information

Cc
@alsarzilsiam

Note it..

Okey sir.. I will try to post better quality later.

Posted using SteemPro Mobile