Trends don't care about your feelings — they only move in three directions.
Prices can look erratic and overwhelming, but the core job is simple: spot the general direction. There are three primary trend types — uptrend, downtrend, and sideways market. Uptrends are marked by higher highs and higher lows. Downtrends by lower highs and lower lows. Sideways markets just pace the room without going anywhere.
Gobble's Take: The market is a river. If you can't tell which way it's flowing, you're not reading the water — you're just wet.
Source: Investing.com
Moneycontrol's technical-trends page leads with the data and then immediately tells you not to trust it alone.
The page is upfront: the information is not necessarily real-time or accurate, the company does not guarantee accuracy, adequacy, or completeness, and none of it is a recommendation or solicitation to buy or sell any securities. Users should check with duly registered and qualified advisors before making any investment decision.
Gobble's Take: When a data page spends this much energy on disclaimers, the real signal is in the fine print — not the chart.
Source: Moneycontrol
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