tag:blogger.com,1999:blog-7148222695370746347.post3284991207343291924..comments2023-10-15T17:16:24.091+05:30Comments on Stock Market Charts | India Mutual Funds Investment: Why you need to learn about the Stochastic OscillatorSubhankarhttp://www.blogger.com/profile/13248068905130821262noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-7148222695370746347.post-32333468365336795352009-05-09T22:01:00.000+05:302009-05-09T22:01:00.000+05:30Hi Nikesh
I wasn't even sure that you would read ...Hi Nikesh<br /><br />I wasn't even sure that you would read this post - so your feedback is an added bonus.:-)<br /><br />Tech analysis can be quite frustrating some times, specially if you lose money on a technical call. <br /><br />I agree with you that fundamental research for undervalued stocks is by far the best approach for investors.<br /><br />However, even carefully selected undervalued stocks can lose further value if you enter at the wrong time. That is where tech. analysis can provide some help.<br /><br />I don't track the Nifty because the authorities do not consider opening 'gaps'. The previous day's close is treated as the following day's opening level. This makes it unsuitable for my analysis purposes.Subhankarhttps://www.blogger.com/profile/13248068905130821262noreply@blogger.comtag:blogger.com,1999:blog-7148222695370746347.post-61343093922729181872009-05-09T12:07:00.000+05:302009-05-09T12:07:00.000+05:30I think you must be expecting some comments from m...I think you must be expecting some comments from me... so i made a comment here ;)<br /><br /><br />I was a big fan of the such kind of technical analysis such as stoch, MACD, RSI, W%R or such other things..<br /><br />But now now...<br />I am not now a big fan of technical analysis now... rather now I hate it...<br /><br /><br />And the reason.... I think you can check yourself... can you backtest any indicator with NIFTY and get positive results ???<br /><br />It looks like that stoch, RSI or MACD will solve the problem but they will not solve... <br /><br />There is only one thing you can do with your investment.... search for undervalued company... keep accumulating on every low and keep selling on every high AND the best approach is keep accumulating in every low and keep it with you until you need that money really hard....<br /><br />Your opinion on this comments are welcome!Nikesh Goyalhttps://www.blogger.com/profile/06731163598947140174noreply@blogger.com