-
Delhirani started the topic ACC-BEARISH-HEAD AND SHOULDER-ENTRY 1516-SL1629-TARGET 1403 in the forum Head and Shoulder 8 years, 6 months ago
As per the attached chart, head is formed with highest of the price and two shoulders(L&R) with the duration of approx 1 month each. High volume seen at left shoulder and head and low volume at right shoulder.
Trade Plan: Direction Bearish, Position-Short, Entry below 1516, Stop Loss: 1629, Target: 1403.
-
Delhirani started the topic Coal India – Bearish – Double Top, Entry-361, SL-393, Target-329 in the forum Double Bottom / Double Top 8 years, 6 months ago
Double Top – Bearish
Two equivalent tops formed between jan 19 and feb 23 with significant high in volume at point B.
Short positions can be created below 360.
Entry 361
Stoploss 393
Target 329
-
Delhirani started the topic GAIL IND – BULLISH – ENTRY 466 SL 437 TARGET 530 in the forum Dow Theory – Old but a Golden Concept 8 years, 6 months ago
HB-HT sequence formed with significant increase in volume(31-oCT), Long position can be created after 466.
Trade plan:Long, Entry above:466 SL:437.Target:530Unable to identify the Bearish pattern with the volume!
Please assist..
-
Delhirani replied to the topic What is the process of identifying momentum stock in intraday? in the forum Intraday Analysis for Day Traders 8 years, 6 months ago
The process of identifying momentum stock in intraday are,
-Market direction- positive/negative.
-Sector contribution-Identify the sectors which has got good growth and select top 5 sectors.
-Stock selection- Select top 3 companies from the selected sector pricewise and turnover wise.
And then finally select the stock having good volume and…[Read more]
-
Delhirani replied to the topic Do global markets impact the intraday price movement? How? in the forum Intraday Analysis for Day Traders 8 years, 6 months ago
Yes Global markets impact the intraday price movement because of foreign institutions investors and sentiments.
-
Delhirani replied to the topic What is the IDEAL time to trade intraday? in the forum Intraday Analysis for Day Traders 8 years, 6 months ago
Ideal time to trade intraday is 10 to 11.30 in the morning and 2 to 2.45 in the evening.
-
Delhirani 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, 6 months ago
In Intraday settlement happens on the same day so it is mandate to exit the Intraday position on the same day.
-
Delhirani 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, 6 months ago
Intraday analysis is studying the market for that particular day where Top down approach is done for trading. In positional analysis studying demand and supply for a selected stock is done for long term trading.
-
Delhirani 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, 6 months ago
Positional analytical methods are for long term investors whereas intraday trade follows market sentiments.
-
Delhirani replied to the topic What is RSI? How to identify the buying zone? in the forum Technical Indicators to understand market trend 8 years, 6 months ago
RSI is the Relative Strength Index identifies the overbought and oversold stock. It is the technical indicator used to understand the price movement in non-trending zone.
Price movement above 70 is overbought area and below 30 is oversold area. When price crosses above exactly at 30 then it is the right point to buy.
-
Delhirani replied to the topic What is the logic behind golden Mean – Fibonacci Series? in the forum Technical Indicators to understand market trend 8 years, 6 months ago
Golden Mean and Fibonacci series can be used to understand the retracement level and support level.
-
Delhirani 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, 6 months ago
Fibonacci retracement use horizontal lines to indicate the areas of support zone and resistance zone. Most popular Fibonacci retracemnets are 62% and 38%.
-
Delhirani 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, 6 months ago
Technical indicators are supportive tool for technical analysis and not decision making tool. Moving average and Relative Strength Index are the technical indicators.
It is different from other analysis because it is a readymade analysis.
-
Delhirani replied to the topic What is Moving Average? in the forum Technical Indicators to understand market trend 8 years, 6 months ago
Moving average is the average of closing prices of stock. It is a technical indicator tool to identify the trend movement but it is not decision making tool.
-
Delhirani 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 8 years, 6 months ago
Area Gap:
-Gap appear inside the trading range, may be filled in near term and the volume is generally Low.
Breakout Gap:
-Gap appear only when price give breakout from its trading range, may not be filled in near term and the volume should be High.
Runaway Gap:
-Gap appears post breakout appears inside the trending area, may not be in near…[Read more]
-
Delhirani replied to the topic How to name a GAP? What are Four Types of GAP? in the forum GAP Analysis and its interpretations 8 years, 6 months ago
We name a GAP based on its location in the chart. There are four types of GAP,
Area Gap – Gap appears inside the trending area.
Breakout Gap – Gap appears only when price give breakout from its trading range.
Runaway Gap – Gap forms at the trending area of the stock.
Exhaustion Gap – Gap appear after a trending zone seems to be a Runaway…[Read more]
-
Delhirani replied to the topic What do we interpret using GAP ANALYSIS? in the forum GAP Analysis and its interpretations 8 years, 6 months ago
Using GAP analysis we interpret,
-strength of the market
-helps us to locate the phase of the trend.
-
Delhirani replied to the topic What is called as GAP in technical analysis? in the forum GAP Analysis and its interpretations 8 years, 6 months ago
The difference between the trading range is called as GAP in technical analysis.
-
Delhirani replied to the topic What is Candle stick analysis? Its evaluation and it real time application? in the forum The Simple Candlestick Analysis 8 years, 6 months ago
Candle stick analysis is a technical analysis using candlestick charts used for weekly forecasting. Bullish and bearish trend is denoted by box and color.
-
Delhirani replied to the topic Who should use candle stick analysis? What is the role of volume in candlestick analysis? in the forum The Simple Candlestick Analysis 8 years, 6 months ago
Weekly traders use candle stick analysis. Volume indicates trend reversal.
- Load More