In intraday the momentum stock needs to be identified with the analysis of various parameters.

Market direction needs to be analysed using the global market movement along with Indian market(Nifty), and need to find whether the sentiment of the market is positive or negative. Foreign Individual Investor(FII) activity also needs to be considered.

Market Advance/ Decline ratio needs to be analysed using the market breath chart(Counterwise and turnover basis) and need to arrive whether it align with the market direction as positive or negative.

Sector Contribution: Based on this direction, need to identify the sector which contributes majorly for this trend and the corresponding sector needs to be selected.

Index Selection: The major index that contributes to the market direction needs to be identified and selected for further analysis.

Stock Selection: The stocks come under that index needs to be analysed on price wise and turn over wise and the stock which is contributing high on both price and turn over needs to be selected for trading.

  • : Intraday analysis is to analyse the market situation and price movement to make profit for buying/selling or selling/buying the stocks on the same day. The analysis is the top down approach and needs to be focused on that day’s sentimental and momentum analysis. The parameters to be considered for intraday analysis is different from positional and the intraday analysis needs to be completed in shorter time. Positional analysis focused on demand and supply where is the intra day analysis focused on that day’s sentiment and momentum.
  • : Intra day position should be closed on same day since the market sentiment and trend change the next day if a short position is created in intra day and if it is not closed then the traders is subject for a penalty.
  • : Considering the Asia and UK market timing, 10 to 11.30 AM and 2:00 to 2.45 PM are the good time for trading in indian market for intraday
  • : The sentiment of the global market will get reflected in indian market and hence affect the price movement. Since Asia market starts ahead of indian market, the overall situaltion of the asian market will be reflected in indian market, similarly the impact of the price movement in UK market will be reflected in indian market, so it is important to watch out the global market direction for intra day ana
  • : Positional trading uses technical methods to analyse stock movement and helps us in forecasting. Positional analysis helps us analyze market over a short to long period of time unlike intraday trading which happens in a day.
  • : The momentum stock needs to be identified with the analysis of various parameters. Market direction needs to be analysed using the global market movement along with Indian market(Nifty), and need to find whether the sentiment of the market is positive or negative. Foreign Individual Investor(FII) activity also needs to be considered. Market Advance/ Decline ratio needs to be analysed using the market breath chart(Counterwise and turnover basis) and need to arrive whether it align with the market direction as positive or negative. Sector Contribution: Based on this direction, need to identify the sector which contributes majorly for this trend and the corresponding sector needs to be selected. Index Selection: The major index that contributes to the market direction needs to be identified and selected for further analysis. Stock Selection: The stocks come under that index needs to be analysed on price wise and turn over wise and the stock which is contributing high on both price and turn over needs to be selected for trading.
0 Comments

Leave a reply

CONTACT US

We're not around right now. But you can send us an email and we'll get back to you, asap.

Sending

©2022 | Rights Reserved | EQSIS | Terms and ConditionsPrivacy Policy

Log in with your credentials

Forgot your details?