Quick Glance on Few

Technical tools

Madhu.N
Research Team
Karvy Comtrade Ltd
Email id :
madhu.nagaraj@karvy.com
Coppock
 The Coppock curve or Coppock indicator is a technical analysis indicator
for long-term stock market investors created by E.S.C. Coppock, first
published in Barron's Magazine in October 15, 1962

 The indicator is designed for use on a monthly time scale. It's the sum of a
14-month rate of change and 11-month rate of change, smoothed by a 10-
period weighted moving average.
 Coppock= WMA (10) of (ROC[14]+ROC[11])

 A buy signal is generated when the indicator is below zero and turns upwards
from a trough. No sell signals are generated (that not being its design). The
indicator is trend-following, and based on averages, so by its nature it doesn't
pick a market bottom, but rather shows when a rally has become established.
Point and Figure
 Point and figure charts are composed of a number of columns that
either consist of a series of stacked Xs or Os.
 A column of Xs is used to illustrate a rising price, while Os
represent a falling price. As you can see from the chart below, this
type of chart is used to filter out non-significant price movements,
and enables the trader to easily determine critical support and
resistance levels. Traders will place orders when the price moves
beyond identified support/resistance levels.
 Traditionally, the box size is set to 1 and the reversal amount is 3

 Confirmation
Both support levels and resistance levels should be confirmed by
volume. If volume increases after a breakout, most people agree
with the new direction.
Point & Figure chart
Support, Resistance& Trend line

20 20
19 19 + + + + + + + Resistance level
18 X X 18 X X
17 X XOXO 17 X X O X O
16 XOXOXO 16 X O X O X O
15 O X X O X O X O X
15 O X XOXOXO X
14 O X O X O O X O X O
14 O XOXO OXO XO
13 O X O X O O X O X O
13 O XOX O O XOXO
12 O X O O X O X O
12 O XO O XOXO 11 O X O O O
11 O X O O O 10 O
10 O + + + + + Support Level

20
20
19
19 +
18 X X
18 X X + Downward Trend Line
17 X X O X O
17 X X O X O +
16 X O X O X O
16 X O X O X O +
15 O X X O X O X O X
15 O X X O X O X O X +
14 O X O X O + O X O X O X
14 O X O X O O X O X O +
13 O X O X + O O X O X O
13 O X O X O O X O X O
12 O X O + O X O X O
12 O X O O X O X O
11 O X + O O O
11 O X O O O
10 O +
10 O
+ Upward Trend Line
Chaikin Money Flow
 Developed by Marc Chaikin based on the Accumulation Distribution line.
The indicator often warns of breakouts and provides useful trend
confirmation.
 Chaikin Money Flow is based on the observation that buying support is
normally signaled by increased volume and frequent closes in the top half
of the daily range.
 Likewise, selling pressure is evidenced by increased volume and frequent
closes in the lower half of the daily range. See Accumulation and
Distribution.
 A positive Chaikin Money Flow signals accumulation, while distribution is
signaled by the indicator line below zero. The higher the reading (above
or below zero), the stronger the signal.
 Go long if a breakout above resistance is supported by Chaikin
Money Flow above zero.
 Go short if a breakout below support is confirmed by negative
Chaikin Money Flow.
Website chart
Reuters Chart
THANK U