Weāre back with another exciting LIVE AMA session on the Upstox Community and this oneās a must-attend for anyone curious about Technical Analysis!
Got questions about chart patterns, indicators, price action, or how to read the market like a pro? This is your chance to ask them directly to Milan Bavishi, our Director of Content and a stock market expert with over 20 years of experience.
About Milan:
With two decades in the equity markets, Milan Bavishi is a trusted authority in trading and investment. Known for simplifying complex financial ideas, heās empowered countless individuals through his insights, mentorship, and content. Donāt miss the opportunity to engage with someone who lives and breathes the markets.
Important:
Just remember that this thread will serve as the main Q&A thread during the live session. Please drop all your questions here between 6-7 PM on May 23rd since itās a LIVE sessionā¦ there will be no separate post for the AMA.
This thread is exclusively meant for questions related to the LIVE AMA session happening this Friday, May 23. Request you to please create a new post with your feedback so that it gets the visibility it deserves and weād be happy to respond there.
Iāll go ahead and delete this comment from the AMA thread to keep it focused. Thanks for understanding!
Just to clarify, this isnāt a webinar but a LIVE AMA (Ask Me Anything) session happening right here on the Community. You can simply post your question under this AMA thread and our expert will respond during the live session on May 23, Friday between 6-7 PM. No separate login or link required.
An easy way to understand trends in the defense sector is to analyze the chart of the Nifty India Defence index. The chart is available on the Upstox App.
Currently, the Nifty India Defence index is at its all-time high (~8454). While stocks/indices may look attractive when prices are at all-time highs, that is precisely where one needs to be most cautious and check for signals of ātopping outā or losing momentum. How can you check that?
RSI Divergence is one way to check that. To learn more about RSI Divergence, you can watch Chapter 3 of this course on Uplearn:
At the very moment, there is no RSI divergence, but you could watch out for the signals on daily timeframe chart.
Hi Milan, I want to ask you about the time frames - when we observe and try to understand patterns (be it any pattern whether cup and handle or triple bottom or ascending triangle or others) what time frame is best to look at for taking calls.
As I have seen specifically for intraday 3min or 5min chart all forms numerous patterns throughout the day but most of the time they all seem to be so so misleading. And the funny thing is that 1min forms numerous all confusing patterns.
Whatās your take on this? And most importantly how to decide which timeframe to pay attention to and are there any basis for that. Please guide. Thanks.
For this AMA, we are not discussing individual stock recommendations. However, happy to discuss if you have any queries related to Technical Analysis concepts/subject. Thanks!
I have been trading till now just on basis of price action. Like i just use trendlines, resistance and support, candlesticks , DOW theory, fib & GAP to make setups & take trades. What other techniques next i should learn to be more equipped in trading ?
& where should i enroll to learn beyond this ?
Date: Friday, May 23
Time: 6 PM - 7 PM
Topic: Technical Analysis
Important:
