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Testimonials
MINA RAMAKHADI
I work as a graphic designer for 20 years but I had problems to handle my money but today when I attended this seminar today I didn’t knew how to invest in share market but now I have positive view towards investing in share market and I believe my problems will be over. And I want to tell everyone to attend the seminar and thank Nimish Sir.
NIRMAL SHAH
I am a C.A. student and from a long time I have been looking forward for the field of stock market and have been tracking it since 8th grade. Today by taking and attending the online course, I have found a right path to put my focus into. Thank you Nimish Sir.
AMITA DESAI
I attended seminar and I am doing the online course right now so first I thank Nimish Sir and his simple nature who wants only the best for their students and want them to become millionaires. He gives the best knowledge about market strategies which really deserves a complement. Different types of trading strategies, money and portfolio management in a very short period of time.
RAJESH PANCHAL
I don’t have a lot of knowledge about share market but I came here by seeing the hype of intraday and got to learn so much about it for that I would like to thank Nimish Sir. I got a lot of knowledge about stoploss scientific strategies which is not only going to help me but also the people who attended the session today.
SACHIN LABDE
Thankyou Nimish Sir for this online session. I earned enough amount of money but from that money how I can invest in the right place and grow is why I attended this online Course from throughout the day how much knowledge I received in near future. I sure am going to implement it and grow my wealth as Nimish Sir took a very deep subject and presented it to us very easily.
RAKESH VYAS
Before attentding this online session whatever myths I had about share market are all cleared the way Nimish Sir thought me how to deal in share market, How to use different tricks and keys was excellent and ways to attract money was amazing and it was a wonderful experience. So thank you Nimish Sir and Dhanashri Academy.
Rounded Top
A Rounded Top is considered a bearish signal, indicating a possible reversal of the current uptrend to a new downtrend. Important Characteristics.
Following are important characteristic to look for in a Rounded Top.
Shape :
Robert D. Edwards and John Magee describe the rounded top as being a "gradual, progressive, and fairly symmetrical change in the trend direction, produced by a gradual shift in the balance between buying and selling". For a rounded top, the price can fluctuate or be linear. However, the overall curve should be smooth and regular, without obvious spikes.
Volume:
Volume can fluctuate, however volume generally appears to be concave, and follows the inverse of the price pattern. Therefore, as the price begins to ascend, volume tends to decrease. Once the top of the price pattern starts its downward turn, volume tends to increase.
As Martin J. Pring writes in his book, Technical Analysis Explained, "The tip-off to the bearish implication of the rounded top is the fact that volume shrinks as prices reach their highest levels and then expand as they fall."
Duration of the Rounded Top :
Rounded Tops typically occur over a period of about 3 weeks, but can also be observed over several years. Trading Considerations.
Duration of the Pattern :
The duration of the pattern indicates the significance of the price movement. Clifford Pistolese writes, "a rounding top that is completed in a couple of months will usually be less significant than one that takes a much longer time to complete."
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