Free Nikkei index technical chart
This page is dedicated to Japan stock market trader who trade in stock market technically. Find Candle pattern EOD technical chart of Nikkei 225 and also Heikin Ashi bar style in below chart. Use below chart and different trading strategies mentioned below to find buy and sell level of any stock and over bought and over sold zone in any stock. Index trader, future trader and options trader may find below technical chart very useful.
Simple ‘Heikin Ashi’ Strategy
In below Technical chart change Bar’s style(find in last Drop down in the chart Header) from “Candlestick pattern” to “Heikin Ashi” pattern to know what operators are doing, buying or selling? Use “Heikin Ashi” pattern and “Stochastic(3rd section)” to trade more accurately. Stochastic below 20 is your buying point and above 80 is your exit point. If you are a beginner then initially select any stock from your stock market and check its position in the chart to know the trend. Then do paper trade or virtual trade for one month before doing actual trading. To know or study about technical chart read "How to study technical chart?" in last section in this page.
Short term positional trading Strategies
This below simple trick is for online trader, software professional, Govt. employee, house wife or working professional, those who don’t find time for day trading and do positional trading. In this trick even a less educated person can trade successfully.
Generally stock trader randomly select stocks in online stock trading listening from friends or from other source and buy these stocks. They don’t check the position of that particular stock, weather it is in lower lever or higher level and they get trapped. So here in above chart you can know the position of any trading stocks before buying.
In the above chart enter any stock name in the box and watch the last section of above technical chart which is called “Stoch” or “Stochastic”. You can find 2 levels, one is 20 and another is 80 levels. When stochastic line is above 80 then stock is in over bought zone and any time selling or profit booking may take place. So if stochastic line is above 80, then please don’t buy this stock.
When “stochastic” line is below 20 then this stock is in over sold zone and the stock is in lower level and this is your buying point. Buy that stock and wait stochastic to cross 80 levels to book profit. Please check past performance of any stock in above chart and do paper trading. This process really works and in clear trend indication you can earn 5-15 % in one month depending upon the stock and in case of bull or bear market using above technical chart you can at least know when to enter and when to exit, so that you can minimize loss on your investment funds and avoid trap in swing market on your own.
Future trader can trade both in Index and Stocks. Option trader please trade only in index as Stock option is little bit complex.
In case of stock trader, trade in stocks, which comes under derivative segment or having good movement (ask your broker) and please don’t trade in penny stocks because penny stock doesn’t follow technical trend. So it is better to get 1% profit in good stocks than getting loss and trapped in penny stock for months. Check your country index’s position and position of stock you want to buy. If your country stock market index is in over sold zone (Lower level) and a stock you want to buy is in lower level then this is the safest position because if index moves up then stock also moves up.
Other Important Pages
How to know when to enter and exit Equity linked Mutual fund ?
You know when your country stock market index moves up then stocks also moves up and in case of down market stock also moves down. Your investment funds in mutual fund also invested in stocks. So when stock market index moves up you get good return in mutual fund and in case downtrend you get negative return.
So if you can find low level of your country’s index and enter in that level then you can maximize your profit. Let’s try to know the lower level of your country’s stock market index in above Technical chart. Enter your country’s share market index name in above chart. In above chart change the Time interval to “W” which is weekly time interval. By default it is “D” means Daily time interval. For mutual funds set a horizon for 6-9 month investment time, so change it to weekly (W). Now watch the Stochastic (Stoch)-3rd lower section of the technical chart. When Stochastic is below 20 level it means market is in lower level(your Buy point), buy equity linked open ended mutual fund and hold till Stochastic line reaches 90(Sell point). So knowing lower level and higher level you can maximize return on your investment funds and exit before market crash and protect your funds.
In this process you can get up to 40% return in 6-9 months in growth stock mutual funds depending upon the market movement. Compare your open ended investment, index mutual funds or growth stock mutual funds return growth with Stochastic line movement to test your mutual fund return.
How to study Technical chart?
In the chart 1st section is called candlestick pattern. In this part price moves in a closed boundary that is called lower and upper Bollinger band. Watch when price touches any of the boundary trend reversal occurs. So Bollinger boundary gives us limit of price movement and trend reversal point. Use LIVE CHART section to study technical chart and uses of MACD, Moving averages, STOCHASTIC and BOLLINGER BAND.
Moving averages like short term and long term moving averages are used in technical charts to determine trend. Two lines crossing each other inside Bollinger bands are called moving average. When short term moving average line cross long term moving averages upward, trend becomes bullish and incase of downward cross trend becomes bearish. So this gives trend. MACD-moving average convergence divergence. This is the crossover of short and long term moving averages. Watch and compare MACD with candle stick direction in 1st section, when cross over takes place in upward direction in MACD, stock moves upward and in reverse stock moves downward. Also watch the buy volume and sell volume bar in MACD increases and decreases with stock movement in bullish and bearish trend.
Last section is called stochastic. It shows the overbought and over sold zone. When stochastic is below 30, it is called over sold zone and any time buyer can take control and stock may move upward. When stochastic is above 70 levels then this is called over bought zone and any time selling pressure or profit booking may come. Study these 3 sections and compare with each other to get clear trend of stock. Paper or do virtual trade to practice .Learn candlestick pattern and use with technical analysis to get better result.