Friday, January 28, 2011

Fundamental Analysis (FA) vs Technical Analysis (TA)

Importance of FA:

FA means Fundamental Analysis:

Some people find that FA is very much tough to learn and not so much

... data available on web in simple language thats why people switch to

TA and we see some stupid guys and they disturb us with their horrible

TA, Now TA also important we'll discuss about it later

FA is very much simple how? let’s see

A. Select some low PE share

B. Find latest financial report and last 2 year report

C. Compare with them & find out what is the condition of that company

... now.

D. Restated EPS nd NAV should consider here

E. Find the Growth of EPS

F. Find dividend History is it good or bad

G. Gap between Authorized capital and Paid up capital

H. Any chance or reason to increase Paid up? if so then,

good

I. Find when next Financial report may come. If 1st or HY report is

good then study that company’s report. It'll help u to predict upcoming report

J. Find NPR

K. See last 4-6 month DSE news

L. If you see magical growth in 1stQ EPS den avoid that script coz now

a day’s directors start to manipulate with EPS.

5. Importance of TA:

TA means technical analysis. Technical analysts believe that the

historical performance of stocks and markets are indications of

future performance. TA is good it help us to find where is the technical BUY/SELL point and ... it works. But when u'll go to learn u may find lots of indicator is there and this will make u confuse. Let’s find some basic but

strong Indicator

A. MACD:

A trend-following momentum indicator that shows the relationship

between two moving averages of prices. The MACD is calculated by

subtracting the 26-day exponential moving average (EMA) from the 12

-day EMA. A nine-day EMA of the MACD, called the "signal line", is

then plotted on top of the MACD, functioning as a trigger for buy

and sell signals.

B. RSI 14:

The RSI ranges from 0 to 100. An asset is deemed to be overbought

once the RSI approaches the 70 level, meaning that it may be getting

overvalued and is a good candidate for a pullback. Likewise, if the

RSI approaches 30, it is an indication that the asset may be getting

oversold and therefore likely to become undervalued.

C. Bolinger Band:

Because standard deviation is a measure of volatility, Bollinger

bands adjust themselves to the market conditions. When the markets

become more volatile, the bands widen (move further away from the

average), and during less volatile periods, the bands contract (move

closer to the average). The tightening of the bands is often used by

technical traders as an early indication that the volatility is about to increase sharply. This is one of the most popular technical analysis techniques. The

closer the prices move to the upper band, the more overbought the

market, and the closer the prices move to the lower band, the more

oversold the market.

D. Stochastic:

The theory behind this indicator is that in an upward-trending

market, prices tend to close near their high, and during a downward

-trending market, prices tend to close near their low. Transaction

signals occur when the %K crosses through a three-period moving

average called the "%D".

E. Support & Resistance:

Support-

The price level which, historically, a stock has had difficulty falling below. It is thought of as the level at which a lot of buyers tend to enter the stock.

Often referred to as the "support level".

Resistance-

The price at which a stock or market can trade, but not exceed, for

a certain period of time. Often referred to as "resistance level".

F. Candle Stick pattern:

A price chart that displays the high, low, open, and close for a security each day over a specified period of time.

Different type of chart pattern

# Bearish Harami

# Bullish Abandoned Baby

# Bullish Harami

# Dark Cloud Cover

... # Doji

# Equivolume

# Harami Cross

# Kicker Pattern

# Piercing Pattern

If u want to learn TA then this indicators are good enough.

for understanding TA this PDF file will help u.

http://www.mediafire.com/f ile/009irc2x00m6nud/Free%20Course

%

20presentation%20on%20TA.pdf See More



Original Post:
Kaushik Hira

Original Link:
http://www.facebook.com/home.php?sk=group_147436708639146&view=doc&id=153475191368631

No comments:

Post a Comment