Renko- The noiseless way to trade!

Description

Date & Time : 02-SEP-2023 | 03:00 PM

Introduction

Renko Charts are regarded as the most profitable and distinctive charts as they are noiseless chart patterns. They are based on price movements rather than time, which can make them more effective at identifying trends and patterns in the market. It offers a unique perspective on price movements, enabling you to identify trends with clarity and precision.

This webinar would enhance your skill set for Renko Charts. It will include basic concepts, including construction and patterns of the Renko chart. And then, we will understand how to develop a trading system using the Renko chart.

We will also cover the concept of Relative Strength to find strong & weak sectors and select stocks that are outperforming and underperforming from the sector. To add an edge, we would talk about breadth charts (Renko brick %) to help understand the market condition and how to time your entries with appropriate strategies according to the market condition.

Additionally, we will gain in-depth knowledge of how to trade in options using the Renko Charts. We will also learn how to set your target and stop loss, adding valuable insights into your trading journey.

Objective of the Webinar

• To reduce noise from trading
• Bring objectivity in trading to be a focused trader
• Identify and Interpret the various Renko Patterns
• Understand the entry and exit levels from the trade

What You Will Learn?

• Characteristics of Renko charts
• Construction of Renko charts
• Various Patterns in Renko chart
• Trading strategies on equity, futures & options using Renko charts

Speaker

Mukta Dhamankar

Mukta Dhamankar is a seasoned professional with a Master’s in Nutrition from Mumbai. Her journey began as a Nutrition Research Fellow and shifted to full-time trading in the financial markets about 15 years ago. She focuses on equities and derivatives and uses Point & Figure Charts, Candlesticks with RSI, and Relative Strength to assess sector performance. Her strategic approach involves trading strong and weak equities while responding to market fluctuations.