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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.
Trend Channel
Type of trend channel ascending Trend Channel and Descending Trend Channel.
Ascending Trend Channel : If connecting the price tops of a particular stock or index compose an upward-sloping line parallel to a line connecting the bottoms of that stock or index, the Ascending Trend Channel is the area between the two lines see the example below.
Resistance Turns Support: Broken resistance becomes potential support, and there is sometimes a test of this newfound support level with the first correction. Because the triple bottom is a long-term pattern, the test of newfound support may occur many months later. Price Target: The distance from the resistance breakout to lows can be measured and added to the resistance break for a price target. The longer the pattern develops, the more significant is the ultimate breakout. Triple bottoms that are 6 or more months in duration represent major bottoms and a price target is less likely to be effective.
As the triple bottom develops, it can start to resemble a number of patterns. Before the third low forms, the pattern may look like a double bottom. Three equal lows can also be found in a descending triangle or rectangle. Of these patterns mentioned, only the descending triangle has bearish overtones; the others are neutral until a breakout occurs. Similarly, the triple bottom should also be treated as a neutral pattern until a breakout occurs. The ability to hold support is bullish, but demand has not won the battle until resistance is broken. Volume on the last advance can sometimes yield a clue. If there is a sharp increase in volume and momentum, then the chances of a breakout increase.
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