And I would leave up to you to research on this and once you do the research, I

would like to put everything in the comment section, okay. Sixth is daunched
channels. Daunched channels give you the new higher high and again it does
something similar to moving average. It will go back in time and see if a new high
is made. If it is made, it will launch up higher. Then there is a seventh indicator
which is known as parabolic SAR. Parabolic SAR is more like accelerating factor and
it was traditionally used by a lot of traders. In fact, still a lot of traders use
it. It is known as stop and reverse. It is called SAR which is stop and reverse. So
stop and reverse is basically you get stopped out, your stop loss is getting
triggered and you take reverse position. But even in investing, you can use it in a
very powerful way. Eighth is relative strength, very amazing, interesting indicator
which you can use particularly in the falling market. If something is showing
strength, then this indicator is go to and if you use it properly, it can make
wonders for you. So don't ignore this indicator. Ninth is volume profile. If you
want to scan the volume at a deeper level, you need to understand the volume
profile. Again, this is a very powerful tool. Mostly it is paid because it covers a
lot of tick by tick data which you need to pay heavily to the exchanges. But once
you learn this volume profile, this is like one of the most potent equipment you
have. I cover this in the mastery. I have a price volume action formula, one
dedicated module on volume profile. But this is like really potent if you learn it.
Tenth indicator is OBB. So on balance volume, when the volume is cumulatively
increasing, you basically get the indicator. It is again there in any of the
charting tool which you may be using. It is generally freely available. So most of
these indicators are freely available except volume profile for which you might
need a pro or pro plus account. But otherwise, all these pretty much other
indicators are free to use in TradingView or any other charting software which you
are using. So this is a brief overview of top ten technical indicators which I
prefer to use. And I take some of the entry, averaging up and exit decisions using
these technical indicators. So go ahead and research more about this and write a
brief summary about each of these ten indicators in the comment section below.

So here is the mind map which will give you the overview. These are the 10
indicators, one of the most powerful potent indicators which I like to use. The
first is moving average. So moving average is very simple in terms of it takes a
time period, say 10 days, and it will do an average. So if you are in a 10th day,
say if it is a 1st of March to 10th of March is the period, so the 10th of March
where the period is currently, it will go back from 10th of March to 1st of March,
do a simple average, if it is a simple moving average, and the point at this point
on 10th March it will denote the average of last 10 days. If it is the last 10
days, simple moving average. If it is exponential moving average, it will give a
weight, different weight to 1st day, 2nd day, 3rd day, and so on and so forth, and
then it will do an average. So it is very simple concept of averages. The second is
known as average true range. Again this is very powerful indicator when it comes to
your exit, and this basically takes into account what is the general range, average
range in the time frame, and accordingly you can place the exit 2 times of that
average movement that is happening within that company or 3 times, whatever times
you want, you can basically put a band around the average movement which the
company is having, and accordingly decide your exits also.

So this is the continuation to the video you watched above in terms of how this
entire Technofunda investing process works. As I said you know there are few
indicators which I use in terms of taking the entry, averaging up as well as exit
decisions. So now what I am going to do is in next 5 to 10 minutes I am going to
give you the overview of these 10 indicators which I use and what I would like all
of you to do is go deeper and do the research about what are these indicators and
what is the purpose of using these indicators. Again as I said you should always
look other way round. First see what is the problem area you are facing and then
find out appropriate indicator which can help you solve that problem. Don't go
other way round. Don't try to impose a indicator on your problem then the problem
will start it will not end. So it will be even bigger problem if you do that. So
let me share my mind chart it's a quick video I just wanted to share all the
indicators which I use so that you can use them in future as well. Do in depth
research and even if you don't understand right now once you complete your
technical analysis module you can come back to this and revisit it and analyze what
exactly these indicators are doing. I will give you an overview but this is more
like a research homework which you all need to do just google it and try to find
out what are the characteristics of all these indicators. So let's move to the mind
map and understand what it is all about.

Volatility stop is again that kind of indicator which will tell you what is the
volatility, what is the movement, you know, big fluctuations that are happening. If
the company is just moving slowly, you know, very slow movement between some range
or it is very volatile, very high fluctuating company. And that's where you can
again use that indicator to decide your exits as well. Then fourth indicator which
I use is ADX. So ADX is known as Average Directional Index and this is very
powerful tool when it comes to understanding the trend strengths. So whether it is
an uptrend or it is a downtrend or a consolidation bank, it will give you the exact
score in terms of what kind of strength it is. So if it is a consolidation phase,
it will give you a lower score. If it is a strong uptrend, it will give you a
higher score. If it is strong downtrend, it will give you a higher score. Then
fifth is RSI, Relative Strength Indicator or Relative Strength Index you can say.
And this is again constrained between 0 to 100. And what it will give you is again
between the entire, you know, area which it has covered, what is the proportion of
bullish movement or the positive movement and what is the proportion of negative or
bearish movement.