Relative Strength With Technical Analysis - Stock Market Book  (Paperback, Yogesh Bhavsar)

Relative Strength (RS) is a method of identifying stocks that are relatively stronger or weaker as compared to the market as a whole or a relevant benchmark. This book will teach you how to use the concept of Relative Strength along with other tools of Technical Analysis for momentum based Trading, to get multi-bagger returns and outperform stock market returns. In this book, author explains how one can identify strength and momentum in stocks to timely entry, hold and timely exit them to get multi-bagger returns. The book is written in simple and easy language and tries to explain the concept of Relative Strength and how it can be used with other tools of Technical Analysis like support - resistance, moving averages, candlestick patterns, chart patterns, price action, breakouts, etc. The book is applicable to Intraday Trading, Swing Trading, Positional Trading as well as Long Term Investing. The concept explained in the book can also be used for derivatives trading in Futures and Options (Call Put Trading). The book also explains Risk Management Techniques like Position Sizing, Placing Initial Stop Loss and Trailing Stop Loss, etc and important Trading Rules related to Trading Psychology which everyone should follow while trading to avoid loss and earn consistently in the Stock Market. The book also explains some important and advance topics like Multi Time-Frame Analysis, Sector Analysis, Pyramid Trading, etc. The book contains various examples to practically explain all the concepts and towards the end, a few detailed case studies are provided, explaining the trading system and trading strategy that one should follow while trading in the stock market. The book is a must read for all Beginners Trading or Investing in the Indian Stock Market.