These 5 simplest and proven ways can help you to make profitable trades (with Higher Success Rate).
Buy the stock only when RSI crosses above 30 levels. (Success Rate : 90%)
2. Use the combination of 9 Day EMA and 21 Day EMA for most profitable trades . (Success Rate : 85%)
3. Always use MACD to identify the trend. (Success Rate : 90%)
4. Use Bollinger Bands to identify the ‘Bounce Back Price’ to get in. (Success Rate: 60%)
5. For 90% successful trades, use Death Cross and Golden Cross. (Success Rate: 95%)
See detailed analysis of Death Cross and Golden Cross: here
A Brief about Technical Analysis: The technical analysis comprises of Candlestick charts, different indicators to find out the stock current trend, entry points, and exit points. Different strategies and indicators for daily trade mechanism. (You can learn it here Technical Analysis Video Lectures).
Attend upcoming Stock Market Learning Workshops in Bengaluru | IIT Madras | Delhi Book your seat here: http://equityboxx.com/workshops
Major Topics: Stock Market Introduction, Terms and Jargons, Stock Fundamentals Analysis ( Balance sheet Analysis, PL statement Analysis), Financial Ratios, Major Corporate Actions, Stock Technical Analysis ( 5 methods), Forecasting of future price of the stock, Different Valuation methods of the company, Risk Management, Taxation, Derivatives (Basics) — Options and Future trading.