UrbanPro

Learn Stock Market Investing from the Best Tutors

  • Affordable fees
  • 1-1 or Group class
  • Flexible Timings
  • Verified Tutors

Search in

How is the Fibonacci method used in the stock market?

Asked by Last Modified  

Follow 1
Answer

Please enter your answer

Fibonacci retracement," is a technical analysis tool where traders identify potential support and resistance levels on a chart by dividing the price distance between two extreme points (like a swing high and low) using key Fibonacci ratios like 23.6%, 38.2%, 50%, and 61.8%, with the idea that prices...
read more

Fibonacci retracement," is a technical analysis tool where traders identify potential support and resistance levels on a chart by dividing the price distance between two extreme points (like a swing high and low) using key Fibonacci ratios like 23.6%, 38.2%, 50%, and 61.8%, with the idea that prices may tend to bounce off these levels before continuing the trend in the original direction; essentially, it helps traders predict where a price might pause or reverse during a trend based on these calculated Fibonacci levels.

read less
Comments

Related Questions

I have done my MBA in Finance and I want to start a career in Stock Market. Can anyone suggest me some good courses to take to build up my proficiency in Financial Markets?
Career in Stock market ? People approach stock market as their career in many ways like being analyst,trader,sub brokers, and many more, Where you want to see yourself and what exactly you want to do ?...
Rashi

What is use of Timeframe in stock market?

5 minutes time for intraday and long position for 1 hour time frame is best for trading
Satish Kumar Pandey

Now ask question in any of the 1000+ Categories, and get Answers from Tutors and Trainers on UrbanPro.com

Ask a Question

Related Lessons

5 steps to become a smart investor
INVESTING in can probably be more rewarding than you can imagine and certainly very exciting! World over the wealthiest people are those who have invested wisely. If you are scared to take the plunge,...
S

SKY FINANCIALS

0 0
0

BankNifty Update For Jun-12, 2020
As expected, today's expiry was a fiery one! Once Banknifty broke 21100, it achieved our target of 20700, making a low of 20525. Yesterday's RSI level of 60 and an inside bar was one of the clues for such...
N

Ninad Deshmukh

0 0
0

BankNifty Update for Jul-01, 2020
Banknifty reversed exactly from the resistance zone of 21600-650 as I mentioned in the last post. It made top @ 21606 near hourly 40-SMA and reversed back making a low of 21212 and closing @21370. The...
N

Ninad Deshmukh

0 0
0

Instruments To Predict Market Outlook – Few Basic methods
Popular methods of interpreting the market movement Given the Indian methods of data collection, one may also use the following techniques to understand future market movement: Price vs Volume change Advance-Decline...

Why Stock Market?
“Stock market is like gambling; too risky and unnecessary for middle-class people like us” - this is what I was made to understand till 1st June 2009. Sitting at a cash counter of ICICI Bank...

Looking for Stock Market Investing classes?

Learn from the Best Tutors on UrbanPro

Are you a Tutor or Training Institute?

Join UrbanPro Today to find students near you
X

Looking for Stock Market Investing Classes?

The best tutors for Stock Market Investing Classes are on UrbanPro

  • Select the best Tutor
  • Book & Attend a Free Demo
  • Pay and start Learning

Learn Stock Market Investing with the Best Tutors

The best Tutors for Stock Market Investing Classes are on UrbanPro

This website uses cookies

We use cookies to improve user experience. Choose what cookies you allow us to use. You can read more about our Cookie Policy in our Privacy Policy

Accept All
Decline All

UrbanPro.com is India's largest network of most trusted tutors and institutes. Over 55 lakh students rely on UrbanPro.com, to fulfill their learning requirements across 1,000+ categories. Using UrbanPro.com, parents, and students can compare multiple Tutors and Institutes and choose the one that best suits their requirements. More than 7.5 lakh verified Tutors and Institutes are helping millions of students every day and growing their tutoring business on UrbanPro.com. Whether you are looking for a tutor to learn mathematics, a German language trainer to brush up your German language skills or an institute to upgrade your IT skills, we have got the best selection of Tutors and Training Institutes for you. Read more