Over the past few years, I’ve developed a slightly different approach of looking at data regarding the Indian Stock Markets. I don’t know what to call it; but what I’m aiming to do is look for patterns, more specifically trade-able patterns made by historical data. One might say that this is what charts do and that is correct (to an extent).
The only difference in my attempt here is one word – context. A chart pattern, in and of itself, is useful and good chart readers (of which there are many and most of them way better than me) can intuitively grasp the context. Unfortunately, I have struggled in that respect, immensely, at times.
This blog here is an attempt to elucidate and improve my own understanding of ‘context’ as it concerns market data. I have no real-idea of how good I’ll be, in following up this maiden attempt, but I’m going to give it a good try!!