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Christopher started the topic LUPIN Bullish above 1580, SL 1300 and Target 1900 in the forum Dow Theory β Old but a Golden Concept 8 years, 6 months ago
Trade plan: LUPINβ Dow theory bullish Β β Long position can be created since there is good volume.
Entry@1580, Stop Loss@1300, Target: 1900
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Christopher and srinivash c g are now friends 8 years, 6 months ago
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Christopher and bhavani are now friends 8 years, 7 months ago
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Christopher and R.Durga Prasad are now friends 8 years, 7 months ago
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Christopher and Ganesh are now friends 8 years, 7 months ago
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Christopher and Naveen are now friends 8 years, 7 months ago
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Christopher and gorantla.vinod are now friends 8 years, 7 months ago
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Christopher and Pradeep are now friends 8 years, 7 months ago
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Christopher replied to the topic What is the process of identifying momentum stock in intraday? in the forum Intraday Analysis for Day Traders 8 years, 7 months ago
Identify the market trend whether it is positive or negative.
Observe the Global markets – Mainly asian markets.
Observe FII activities
Watch Indian Markets
Note Market breadth β Price wise
Note Market breadth β Turnover wise
Come to a conclusion won whether the market is positive or negative or mixed. Do not trade if the market is mix…[Read more]
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Christopher replied to the topic What is intraday analysis? How it is different from positional analysis in the forum Intraday Analysis for Day Traders 8 years, 7 months ago
In intraday analysis market trend, market sentiments for the current day is taken into account and analyzed accordingly. In positional trade we may hold the position for more than one day so we do different analysis for that.
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Christopher replied to the topic Why the positional analytical methods are not followed in intraday analysis? in the forum Intraday Analysis for Day Traders 8 years, 7 months ago
Positional trades are for short or long term periods, where as intraday trades are get closed on the same day. And market sentiments play a big role in intraday trades, so positional analysis wont suit for intraday trade.
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Christopher 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 8 years, 7 months ago
It is wise to close intraday position on the same day, so that we take least risk and the settlement can be made on the same day.
No, it is not mandate to close the intraday trade on the same day. If we are sure of good margin and so if we wish to hold the long position created, then we can very well do that.
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Christopher replied to the topic Do global markets impact the intraday price movement? How? in the forum Intraday Analysis for Day Traders 8 years, 7 months ago
Yes, global markets do impact the intraday price because of foreign investment institutions. They are stronger hands in our stock market.
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Christopher replied to the topic What is the IDEAL time to trade intraday? in the forum Intraday Analysis for Day Traders 8 years, 7 months ago
The Ideal time to trade intraday is Morning β 10:00 AM -11:30 AM and Evening β 1:30 PM β 3:00 PM
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Christopher 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 8 years, 7 months ago
Fibonacci Retracements are ratios used to identify potential reversal levels. These ratios are found in the Fibonacci sequence. The most popular Fibonacci Retracements are 61.8% and 38.2%. Note that 38.2% is often rounded to 38% and 61.8 is rounded to 62%. These retracements can be combined with other indicators and price patterns to create an…[Read more]
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Christopher replied to the topic What is Moving Average? in the forum Technical Indicators to understand market trend 8 years, 7 months ago
Moving average is an indicator which shows the average of closing prices for a defined period.
This is calculated by adding the closing prices for a defined period and dividing by the number of days in that period.
This does not consider volume in that period.
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Christopher 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 8 years, 7 months ago
Technical indicators look to predict the future price levels, or simply the general price direction, of a stock by looking at past patterns.
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Christopher replied to the topic What is RSI? How to identify the buying zone? in the forum Technical Indicators to understand market trend 8 years, 7 months ago
Relative Strength Index is the technical indicator used in the analysis of financial markets.It helps to identify Overbought and Oversold region.
Volume is not included while calculating.
This works in Range bound or non trending
>70% overbought β getting overvalued,so pullback β- SELL
<30% oversold ββ getting undervalued, so βββββ BUY -
Christopher replied to the topic What is the logic behind golden Mean β Fibonacci Series? in the forum Technical Indicators to understand market trend 8 years, 7 months ago
Fibonacci Retracement is generally used to understand the Possible support zone, This can be used to understand the expected bounce back level, if stock managed to bounce at 61.8% along with some technical indication may confirm the Bullish reversal, But the Failure of Recovery from 61.8% Level DOES NOT mean the bearish indication.
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Christopher and Navin are now friends 8 years, 7 months ago
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