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dharanija started the topic AXIS BANK-BEARISH BELOW 486- SL: 529 in the forum Double Bottom / Double Top 7 years, 10 months ago
Double top with increase in volume and the duration between 2 tops is nearly a month
Trade plan: Symbol: AXIS BANK, direction: bearish, entry: 486, target: 443, SL: 529
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dharanija started the topic BPCL-BULLISH ABOVE980-SL: 894 in the forum Dow Theory – Old but a Golden Concept 7 years, 10 months ago
Forming higher bottom higher top scenario, volume increased
Trade plan: Symbol: BPCL, Direction:Bullish, Entry:980, Target: 1066, SL:894
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dharanija started the topic CIPLA-BEARISH BELOW 510-STOP LOSS:537 in the forum Dow Theory – Old but a Golden Concept 7 years, 10 months ago
Forming lower top lower bottom scenario, volume increased
trade plan: symbol:CIPLA, direction:bearish, entry:510,target:483,stop loss:537
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dharanija started the topic ASIAN PAINT-BULLISH ABOVE 902-STOP LOSS:866 in the forum Dow Theory – Old but a Golden Concept 7 years, 10 months ago
forming higher bottom higher top scenario, volume increased.
Trade plan: Symbol: ASIANPAINT, Direction:Bullish, Entry:902, Target:938, Stop loss:866
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dharanija started the topic BHEL-Bearish below 158-Stop loss-286 in the forum Dow Theory – Old but a Golden Concept 7 years, 10 months ago
Forming lower top lower bottom scenario, volume increased
Trade plan:
Symbol: BHEL
Direction: short
Entry :below 222
Stop loss: 286
Target: 158
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Arun Kumar and dharanija are now friends 7 years, 10 months ago
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dharanija replied to the topic Do global markets impact the intraday price movement? How? in the forum Intraday Analysis for Day Traders 7 years, 10 months ago
Yes global markets have impact on intraday price movement.
opening market is influenced by Asian market and closing is influenced by European market
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dharanija 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, 10 months ago
Positional analysis requires information on a long term basis which is weekly charts, monthly or yearly charts which is not suitable for intraday analysis
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dharanija 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, 10 months ago
Intaday analysis is trading within the same day
positional anlysis is a long term term trading where buying and selling happens in a future day
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dharanija replied to the topic What is the IDEAL time to trade intraday? in the forum Intraday Analysis for Day Traders 7 years, 10 months ago
10am to 11.30am
2pm to 3pm
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dharanija 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, 10 months ago
Intra day trading is trading in one same day and it is not mandate to close the intraday position on the same day but in order to avoid penalities we should close
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dharanija 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, 10 months ago
Intra day trading is trading in one same day and it is mandate to close the intraday position on the same day
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dharanija replied to the topic What is the process of identifying momentum stock in intraday? in the forum Intraday Analysis for Day Traders 7 years, 10 months ago
- Global market -negative or positive is considered
- FII activity- recent performance
- Indian market-Nifty 50- negative or positive is considered
- Market breath-advance decline ratio
- market breath- turnover basis
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dharanija 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, 10 months ago
With the help of horizontal lines with respect to fibonacci ratio as 23.6% , 38.2% and 61.6% the support and resistance are marked.
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dharanija replied to the topic What is Moving Average? in the forum Technical Indicators to understand market trend 7 years, 10 months ago
Moving average is a widely used indicator in technical analysis. there are two commonly used indicators: simple moving average and exponential moving average
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dharanija 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, 10 months ago
The most popular trend indicators include Moving Averages ,MACD and ADX. Volatility is a measurement of the amount and speed at which price moves up and down. When used in technical analysis, volatility indicators measure the rate of price movement regardless of direction.
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dharanija 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, 10 months ago
<span style=”color: #222222; font-family: arial, sans-serif; line-height: 19.2px;”>The most popular </span><b style=”color: #222222; font-family: arial, sans-serif; line-height: 19.2px;”>trend indicators</b><span style=”color: #222222; font-family: arial, sans-serif; line-height: 19.2px;”> include </span><b style=”color: #222222; font-family: ar…[Read more]
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dharanija replied to the topic What is RSI? How to identify the buying zone? in the forum Technical Indicators to understand market trend 7 years, 10 months ago
It is devoloped by J Welles Wilder.The Relative Strength Index is a momentum oscillator that measures the speed and change of price movements. RSI oscillates between 0 and 100. Traditionally and according to Wilder RSI is considered overbrought when above 70 and oversold when below 30
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dharanija replied to the topic What is the logic behind golden Mean – Fibonacci Series? in the forum Technical Indicators to understand market trend 7 years, 10 months ago
There is a special relationship between the Golden Ratio Fibonacci Numbers (0, 1, 1, 2, 3, 5, 8, 13, 21, … etc,is the sum of the two numbers before it). So, just like we naturally get seven arms when we use 0.142857 (1/7), we tend to get Fibonacci Numbers when we use the Golden Ratio
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dharanija replied to the topic What is the logic behind golden Mean – Fibonacci Series? in the forum Technical Indicators to understand market trend 7 years, 10 months ago
<span style=”color: #222222; font-family: arial, sans-serif; line-height: 19.2px;”>There is a special relationship between the </span><b style=”color: #222222; font-family: arial, sans-serif; line-height: 19.2px;”>Golden Ratio</b><span style=”color: #222222; font-family: arial, sans-serif; line-height: 19.2px;”> and </span><b style=”color: #2…[Read more]
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