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previous:While minimizing losses during times of consolidation or reversal, trend-following strategies can be useful in capturing profits during extended market trends. Purchasing stocks that are showing a significant upward price momentum is the main objective of momentum trading, another well-liked trading method. This trading strategy entails finding stocks with strong relative strength or positive price momentum indicators, then making trades with the hope that the momentum will last for a short while. When positive news catalysts or a robust market sentiment drive short-term price movements, momentum trading strategies can be useful.NEXT:Investors can stay up to date on company earnings reports, economic releases, geopolitical events, and other factors that could affect stock prices with the help of this feature. Also essential for obtaining real-time market data are live quotes. In order to give investors up-to-date pricing information at all times, the app should provide live streaming quotes for indices, currencies, stocks, and commodities. Also, investors can examine historical performance and spot possible market trends or patterns with the aid of historical price data. To succeed in the Indian stock market, traders must put their winning strategies into practice.
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