Market Now Not UP TREND PLZ Wait For TREND Moves, Supports and Resistance Respect IRCTC STRONG STOCK
A market trend refers to the general direction in which the price of financial instruments (stocks, indices, commodities, etc.) moves over a specific period. Market trends can occur in any time frame, such as short-term (intraday), medium-term (weeks to months), or long-term (years). Understanding market trends is crucial for traders and investors to make informed decisions. Here's a detailed description of market trends:
Technical Indicators of a Bullish Trend in IRCTC Higher Highs and Higher Lows
Consistently forming higher highs and lows on the price chart, signifying strong buying interest. Moving Average Crossovers
The 50-day moving average crossing above the 200-day moving average ("Golden Cross") is a positive signal. Volume Surge
Higher trading volumes on up days indicate strong participation and conviction among buyers. Momentum Indicators
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