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SoS Module - Technical Analysis
SoS Module - Technical Analysis

Markets move for a multitude of reasons other than the fundamental performances. Technical analysis is a discipline which provides a framework to understand the demand and supply of stocks, currencies, commodities or any tradable financial instrument. The underlying principles of technical analysis are derived from the assumptions that the prices fluctuate primarily on the basis of the demand-supply and human behavior. This is because the markets are ultimately influenced by the behavior and psychology of the participants and stakeholders in general. Hence, the study of historical price patterns to forecast future trends has proven to be useful. Although technical analysis is evolving, the core concepts have largely remained unchanged. In this module, we aim to provide a solid understanding of technical analysis in a step by step manner which covers a vast array of topics.

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Chapter 11 - Renko Charts

Chapter 11 - Renko Charts
Chapter 11 - Renko Charts

The word Renko is derived from the Japanese word "Renga, meaning "Bricks". While they are similar to P&F charts, it is a more visually simplified version.

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Chapter 7 - Technical Indicators

Chapter 7 - Technical Indicators
Chapter 7 - Technical Indicators

Indicators are pre-defined calculations which help in forecasting the future. The careful use of indicators can add a confirmation to your analysis and help in making informed trading decisions.

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Chapter 4 - Trend Analysis

Chapter 4 - Trend Analysis
Chapter 4 - Trend Analysis

Identifying a trend is the most basic requirement. This chapter is all about identification of trends with the help of popular tools and methods. 

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