Because of following reasons:
1. Charts don't Lie.
2. You can see the footprints of Large Institutional money
3. It helps you to see the market "As Is".
Let me share one recent example: AnantRaj Industries
I first covered AnantRaj Ind on May 06 2016. This is the chart I shared as Live Case Study for Science of Stock Price Action readers:
AnantRaj Ind stock had made a large candle move. It was a clear sign that some informed money is entering the stock in a big way. It was the first sign that stock is ready to make a move but considering this stock belonged to a depressed sector - one could have given it a pass.
The Move is for Real
The stock then after a month again made a solid follow through move with big candles on the chart. That's why I covered the stock again on June 15 in Live Case Study Section: Hey the move is for real. The stock has broken out
Look at the stock Now
This is what stock did today
You don't need to watch TV - to know what the big money is doing. All you have to do - look at the charts and follow the footprints of big informed money. The charts help you capture the buzz before you see on TV. I have observed market for years and have developed "Science of Stock Price Action" theory to help understand the market moves.
Science of Stock Price Action
"Personally, I'm always ready to learn, although I do not always like being taught." -- Winston Churchill
The best learning comes from experiential learning. It is with this objective - I have developed "Science of Stock Price Action" Video Book. It's a combination of concepts and then its application in real life situations. The idea is to test how concepts work and why sometimes they don't.
If you find my work interesting - I will encourage you to buy the book and access Premium Case Studies. The idea is to demonstrate live how patterns unfold and work. They succeed, they fail but the whole process is real fun. I invite you to be part of it.
Price: INR 3500. Video Book + The access to all new chapters (Premium Case Studies) for next 6 months
Disclaimer – The state of the market notes is Deepak’s perspective on the market. The column is purely for educational purpose. Nothing contained herein is a solicitation to trade or a recommendation of a specific trade. By reading this publication you agree to make no trade relying in whole or in part on the comments of the writers