learning about the stock market is both free and can be done quickly through a reel or a tweet. Consequently, spending two hours learning the basics of the stock market might appear outdated.
But just go back to the start of this month, when every segment of the stock market was falling. The fact is that the first indications of what happened in May had come much before the meltdown. Right from the breakdown of stock prices below their medium trendline to the sentiment indicators clearly indicating that bulls are losing steam.
Accept the fact that correction and volatility are part of markets, however strong the bull run might be so rather than worrying and wondering about why it has happened, it would be better to spend time understand simple yet effective techniques which will help in two things — avoiding mistakes to save trading capital and also to take effective trading decisions to take advantage of short-term movement of the market.
Focusing on sentiment indicators, ET Markets is organizing a live interactive session with Rohit Srivastava, founder of Indiacharts.com and renowned for his extensive experience as Research Head and Fund Manager at Sharekhan.
You can register for the session, which will be live on ET Markets Live Stream on 1 June from 11 am to 12:30 pm, here.
During the session, the market expert will discuss trading strategies related to price action which involves analyzing historical price movements and patterns to predict future price directions and how to do positional trading. Taking a