Relative strength and breadth analysis are less explored methods in trading. However, a combination of these two tools can complement any price-based trading system and help improve the overall profitability of the system.
Most traders focus on price-based systems to decide how to trade. But by using relative strength and breadth studies you will know what and when to trade and decide on allocation.
This book explains an entirely different way of looking at the markets. You will also learn objective methods that will assist in achieving returns that is better than the broader market.
A peek into what you will find in the
· What is Relative Strength and Breadth analysis and how to use it?
· Tools to identify strength and weakness of sectors & stocks.
· Traditional and important tools associated with relative strength charts.
· Ratio chart, RS indicators and P&F RS explained in detail.
· Objective tools, patterns, and trading systems using RS & Breadth studies.
· Introduction to many innovative tools and objective methods to identify trades in the outperforming and underperforming instruments.
· Deciding the appropriate trading strategy depending on multiple market phase studies.
· Logical aspects of the concepts are discussed to help develop your own trading system.
· The concepts are explained with live market charts and data of the Indian markets.
Experienced as well as novice market participants can benefit from the concepts discussed in the book. It can be applied to all types of financial markets and instruments–and across any time frame...
🍷It took me sometime to get into to but my experience with it was extremely outstanding and very insightful. This book truly expressed everything that needs to be treasured as well as understood if you really want to know ans go deeper into market analysis and strategies that came directly out of a lot of research, knowledge and experience. Right from outperformance to ranking and trading, the author talks about almost everything, about the A to Z's of market. I was unaware about a lot of things and concepts until I read this book. . . Prashant made sure that the readers understand everything in simpler yet effective format and helped us by actually making everything simple with examples. The book is all about practical understanding and application through real life examples. I think the graphics do matter a lot, the way he explores and explained the basics with graphs made it more relevant and engaging. It's certainly a one of a kind of book that shouldn't be missed. I will definitely recommend it. . Rating: 4.25⭐️
provides a comprehensive and insightful guide to leveraging relative strength in equity markets. The author skillfully explains the concept of relative strength, its underlying principles, and its practical applications. provides a comprehensive and insightful guide to leveraging relative strength in equity markets. The author skillfully explains the concept of relative strength, its underlying principles, and its practical applications.