How to check your investments health

Click Here to Receive Free Daily Tips to your email

Dear Investor,

Check Our Current Recommendations

We learned about importance of 150 day moving average line in previous blog.

Let’s learn to draw the charts and understand health of your investment

1. Use following line to open chart of NIFTY

http://finance.yahoo.com/echarts?s=%5ENSEI#chart3:symbol=^nsei;range=2y;indicator=ema(150)+volume;charttype=line;crosshair=on;ohlcvalues=0;logscale=on;source=undefined


2. This link will open following screen for you



3. Start typing the name of the company you want to check the chart in above box.
4. Select the correct company code with .NS at the end of the code
5. Check the current phase of your stock

Can you identify the current phase of Suzlon for following chart?

Stock is below 150 red day line so it is in downtrend. Until it closed above 150 day red line it will remain in downtrend.

It will not shoot up higher from here just like that. It will have to build a base. Base means trading in a range for few weeks or months before moving higher.

Let me know if we should be buying reliance industries after looking at the following chart at indiastocktrend@gmail.com

http://finance.yahoo.com/echarts?s=RELIANCE.NS#chart3:symbol=reliance.ns;range=1y;indicator=ema(150)+volume;charttype=line;crosshair=on;ohlcvalues=0;logscale=on;source=undefined


Thanks
Anil
Got a Question? mailto:indiastocktrend@gmail.com


Please forward this email to your friends and family members to help them build wealth under technical stock market guidance.

LIVE NIFTY CHART (Spot the buy point)

LIVE NIFTY CHART (Short Term)


Disclaimer: Please trade with your own judgment or with the help of investment advisor. We are not responsible for any financial losses.

Stop Loss: Sell Stock if it closes below this price. It tells you that market has proved you wrong. Accept it.