-
Supriya Rayabhagi and Ananthakrishnan are now friends 7 years ago
-
Ananthakrishnan replied to the topic Why the positional analytical methods are not followed in intraday analysis? in the forum Intraday Analysis for Day Traders 7 years, 1 month ago
The positional analytical methods are for positional traders who hold the stock for a minimum period of a week, whereas in intraday due to frequent price fluctuations depending on sentiment and immediate within day settlement it is not possible to follow positional analytical methods.
-
Ananthakrishnan replied to the topic What is intraday analysis? How it is different from positional analysis in the forum Intraday Analysis for Day Traders 7 years, 1 month ago
Intraday analysis is analysis of market to do trending within a day. Here we have to study the market movement on that particular day instead of its past trend. Done based on the global market,indian market,FII activities, market breadth(advance decline ratio),market breadth (turnover basis).
Where as positional analysis studies the past data of…[Read more]
-
Ananthakrishnan replied to the topic What is the process of identifying momentum stock in intraday? in the forum Intraday Analysis for Day Traders 7 years, 1 month ago
Considering all the below factors
1. World markets
2. FII activity
3. Indian market
4. Advance/Decline ratio
5. Turnover Basis
-
Ananthakrishnan replied to the topic What is the IDEAL time to trade intraday? in the forum Intraday Analysis for Day Traders 7 years, 1 month ago
10.am to 11.45 am
2.00pm to 2.45 pm
-
Ananthakrishnan replied to the topic Do global markets impact the intraday price movement? How? in the forum Intraday Analysis for Day Traders 7 years, 1 month ago
Yes,Global markets have impact on Intraday price movement,since markets are open at different times it affects.
If global market is down,then the Indian market will be down followed by European market,since it is a CHAIN process . The market is purely on Sentiment on the market day.
-
Ananthakrishnan replied to the topic Why do we need to close the intraday position on the same day? Is it mandate? in the forum Intraday Analysis for Day Traders 7 years, 1 month ago
We need to close on the same day since the name itself suggests Intraday ,it is done to gain profit/loss with in the day as it is spot market.
But it is not mandatory,if you trade on same it is treated as Intraday otherwise positional.
-
Ananthakrishnan replied to the topic What is RSI? How to identify the buying zone? in the forum Technical Indicators to understand market trend 7 years, 1 month ago
RSI stands for relative strength indicator. it works well for non-trending zone. There are two marks 30 and 70 mark.
When price goes above 70 mark then it is overbought and price will begin to fall.
When price goes below 30 mark then it is oversold and price will begin to increase.
-
Ananthakrishnan replied to the topic What is Moving Average? in the forum Technical Indicators to understand market trend 7 years, 1 month ago
A Moving Average is an trending zone technical indicator which may not be preferred for sideways movement.
It draws a single magnet line along a trending zone and whichever the trend above the magnet line indicates the bullish zone and whichever the trend below the magnet line indicates the bearish zone.
-
Ananthakrishnan replied to the topic How do we use Fibonacci retracement to identify support and resistance zone? in the forum Technical Indicators to understand market trend 7 years, 1 month ago
Fibonacci retracement helps us to identify potential reversal of trend.
Create a chart with trendline Ā at 100%,61.8%,50%,38.2%,23.6%,0%
start with high at 100% trendline. If the stock touches 61.8% ,it is the time to look for reversal.Once it reverses,it has resistance Ā at 100%.
If it does not reverse,look for support at 38.2%.
Thus the s…[Read more]
-
Ananthakrishnan replied to the topic What is called technical indicators? How it is different from other analysis? in the forum Technical Indicators to understand market trend 7 years, 1 month ago
Technical Indicator is a result of mathematical calculations based on indications of price and/or volume. The values obtained are used to forecast probable price changes.
Indicators filter price action with formulas and not direct reflections of the price action as compared to technical analysis.
Therefor we can use the technical indicator as an…[Read more]
-
Ananthakrishnan replied to the topic What is the logic behind golden Mean ā Fibonacci Series? in the forum Technical Indicators to understand market trend 7 years, 1 month ago
The Fibonacci number series is as follows 0,1,1,2,3,5,8,13,21,34,55,89,144,233 etc. Each number is the sum of the two previous numbers and the sequence continues infinitely. The characteristics of this sequence is each number is approximately 1.618 times greater than the preceding number. The key fibonacci ratio 61.8% is referred as golden mean by…[Read more]
-
Ananthakrishnan replied to the topic What are the characteristics of four phases (Consolidation, Breakout, Runaway and Exhaustion) of trend? in the forum GAP Analysis and its interpretations 7 years, 1 month ago
Gap determines the strength of the trend.
Area gap Ā : The Gap which occurs in the non trending area. The gap is most likely to get filled. Consolidation
Breakout gap : Gap occurring when moving out of the non trending area. This also symbolizes the trend is bullish. There should be good amount of volume.
Run away gap :The gap formed after a…[Read more]
-
Ananthakrishnan replied to the topic What do we interpret using GAP ANALYSIS? in the forum GAP Analysis and its interpretations 7 years, 1 month ago
Gap shows the strength of Ā trend whether its bullish or bearish.
-
Ananthakrishnan replied to the topic How to name a GAP? What are Four Types of GAP? in the forum GAP Analysis and its interpretations 7 years, 1 month ago
Gap determines the strength of the trend. The four types are
Area gap Ā : The Gap which occurs in the non trending area. The gap is most likely to get filled.
Breakout gap : Gap occurring when moving out of the non trending area. This also symbolizes the trend is bullish. There should be good amount of volume.
Run away gap :The gap formed…[Read more]
-
Ananthakrishnan replied to the topic What is called as GAP in technical analysis? in the forum GAP Analysis and its interpretations 7 years, 1 month ago
Gap analysis indicates the strength of the trend. Gap is usually defined at the ratio of present day opening to the prior day closing.
-
Ananthakrishnan replied to the topic What are HAMMER / hanging man? Why it is very popular when to buy and Sell? in the forum The Simple Candlestick Analysis 7 years, 1 month ago
Hammer and hanging man patterns are very reliable and powerful, appears rarely and shows the reversal in trend, hence it is popular.
Hammer: Ā It appears after significant price fall. Lower tail should be at least 2 times of the body and upper tail should be very small and body should be green with high volume.
When to Buy: Long position can be…[Read more]
-
Ananthakrishnan replied to the topic What are HAMMER / hanging man? Why it is very popular when to buy and Sell? in the forum The Simple Candlestick Analysis 7 years, 1 month ago
Hammer is a bullish candlestick pattern that occurs when a security trades significantly lower than its opening, but rallies later in the day to close either above or near its opening price. It appears after a significant price fall. Its lower tail should be min. 2 times of the body size with no upper tail.
Buy when the price moves above the…[Read more]
-
Ananthakrishnan replied to the topic What is morning and evening STAR? When to buy and Sell? in the forum The Simple Candlestick Analysis 7 years, 1 month ago
A morning star is a bullish candlestick pattern that consist of 3 candles. It appears after a negative trend.
Long position is to be taken at the top of the Dojiās upper tail.
An evening star is a bearish candlestick pattern that consist of 3 candles. It appears after a positive trend.
short position is to be taken at the end point of the D…[Read more]
-
Ananthakrishnan replied to the topic What is DOJI? How to make use of DOJI? in the forum The Simple Candlestick Analysis 7 years, 1 month ago
Doji/ neutral candlesticks implies trend reversal either from bearish to bullish or vise versa.
create short position when doji appears after uptrend
create long position when doji appears after a downtrend
ignore when doji has a sideway movement
- Load More