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What are buy indicators?

Discussion in 'Fundamental Analysis' started by bhavesh393, Mar 10, 2022.

  1. bhavesh393

    bhavesh393 Member

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    Hi Shabbir,

    Stock are continues falling, and suddenly start upward.
    how can we check that's the buy signal, for long term investment.
    i.e. iol chemicals and pharmaceuticals

    Thanks.
     
    shabbir likes this.
  2. shabbir

    shabbir Administrator Staff Member

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    Technically:

    The patterns that I follow are when support is being formed or is respected. Best for me is W pattern followed by rectangular consolidation. You can check in my book both of them.

    Fundamentally:

    I accumulate more as they fall 10% from my buying price and I add more for each 5% fall for stocks I want to accumulate more. I did the same for Tata Cons, Go Fashion, Clean Sc. etc.