are categorized as primary, intermediate or medium term and short term or near term. These movements are most important in .
are called as “primary” or cyclical. Naturally these movement last for 1 to 3 years on average and principally occurs from investor’s action on market. These movements can be tracked and detected by .
Intermediate movement or medium term trend develops over 6 weeks to as many months. Occasionally last longer than expected. This trend is not of prime importance but nevertheless useful to identify. This movements are useful for swing traders as well as short term traders.
Short term movement or near term trend last for 1 to 4 weeks’ time period. And there are tend to be random in nature. These are important to short term traders and speculators. day traders must take short term movements into account before opening trades in markets.
Secular trends or very long term trend consist of many primary and intermediate movements and useful for investors.
Primary trend made of many immediate and short term movements. While intermediate trend made of many short term as well as intraday movements. Short term trend consist of many intraday movements.