What is Uptrend and Down trend
Commodity trading is affected by enormous factors,But Market mainly moving based on supply and demand.Based on supply and demand the trend is recognized.
Supply
If supply increases automatically the market moves down.This is called DOWN TREND.During Down trend the price gets low.Down trend that particular commodity have to short sell
Demand
If Demand increases then Market moves up,This is called Up trend.During this trend that particular commodity have to buy.
Supply
If supply increases automatically the market moves down.This is called DOWN TREND.During Down trend the price gets low.Down trend that particular commodity have to short sell
Demand
If Demand increases then Market moves up,This is called Up trend.During this trend that particular commodity have to buy.
Comments
Post a Comment