re: "Trading Strategies Using Technical Analysis".
To: Raunak Agarwal and others.
Raunak Agarwal:- How to know wether a scrip will still go higher(in case of upward trend, even at all time high) and prize will still go down( in case of downward trend even at all time low). Because in such cases day low/high will be little or much higher or lower than SMA( 10, 20 or 50). I mean to ask that how to catch the share before it reflect bullish or bearish engulfing pattern. I mean to know the movement at right time instead to wait untill faster and slower SMA cross over. Please post your opineons. Thanks.