-
GK Pai started the topic Coal India-Target for both Bullish/Bearish Trend in the forum Dow Theory – Old but a Golden Concept 7 years, 5 months ago
Coal India – Current price is 316
Option 1: If Bullish Trend happens in coming weeks</span>
Entry – 349 (Above HT)
Stop loss – 310 (HB)
Risk – 39
Target – 388 (Entry + Risk)
Option 2: If Bearish Trend happens in coming weeks
Entry – 310 (Below LB)
Stop loss – 330 (LT)
Risk – 20
Target – 290 (Entry – Risk)
Target Date: for both options…[Read more]
-
GK Pai started the topic Coal India-Target for both Bullish/Bearish Trend in the forum Dow Theory – Old but a Golden Concept 7 years, 5 months ago
Coal India – Current price is 316
<span style=”text-decoration: underline;”>Option 1: If Bullish Trend happens in coming weeks</span>
Entry – 349 (Above HT)
Stop loss – 310 (HB)
Risk – 39
Target – 388 (Entry + Risk)
<span style=”text-decoration: underline;”>Option 2: If Bearish Trend happens in coming weeks</span>
Entry – 310 (Below…[Read more]
-
GK Pai started the topic Lupin-Bearish-Entry-1445/Exit-1365/SL-1525 in the forum Dow Theory – Old but a Golden Concept 7 years, 5 months ago
Lupin – Bearish Trend
Entry – 1445 (Bearish rally alreay started. So buy at current market price 1420)
Exit -1365 (1525 (LT)-1445 (LB))
Stop loss – 1525
High volume witnessed on 04.11.2o16
Target Date : – 17.11.2016
(Note: Even though Dow theory is suitable for 2-3 month, if we are looking at the time interval between tops are bottom, it…[Read more]
-
GK Pai and harthik are now friends 7 years, 5 months ago
-
GK Pai replied to the topic What is the process of identifying momentum stock in intraday? in the forum Intraday Analysis for Day Traders 7 years, 5 months ago
1. Identify Global Market Trend is +ve or -ve. Asian market trend for morning session (10.00 AM to 11.30 AM), Asian & European market for afternoon session (2.00 PM to 3.00 PM). Identify whether it is positive or negative
2. Identify FII activity is +ve or -ve. ie whether they are buying more or selling more.
3. Identify indian market Trend is…[Read more]
-
GK Pai 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, 5 months ago
In Intraday analysis it is made on real time basis based on market sentiment and global markets sentiments to analyze the price movement for the same day.
It differ from positional analysis as follows:-
In Intraday analysis we do not uses Dow theory, price patterns etc. Rather we traces market sentiment and uses intraday charts (5min, 10min, 30…[Read more]
-
GK Pai 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, 5 months ago
1. First we will identify top and bottom based on current price movement.
2. We will take top as 100% and bottom as 0%
3. We will identify prices at 23.6%, 38.2%, 50% & 61.8%
4. Retracements will be happening at there levels during the rally, and they will act as support and resistance levels for the price movement.
-
GK Pai replied to the topic What is the logic behind golden Mean – Fibonacci Series? in the forum Technical Indicators to understand market trend 7 years, 5 months ago
Golden mean is ratio between one number and preceding number in Fibonacci series. It is 1.618. Inverse of golden mean is 0.618. If we can identify one high and low prices, we can predict Fibonacci retracement using golden mean.
Usually retracements will be happening at 23.6%,38.2%,50%, and 61.7%
-
GK Pai replied to the topic What is the logic behind golden Mean – Fibonacci Series? in the forum Technical Indicators to understand market trend 7 years, 5 months ago
Golden mean is ratio between one number and preceding number in Fibonacci series. It is 1.618. Inverse of golden mean is 0.618. If we can identify one high and low prices, we can predict Fibonacci retracement using golden mean.
Usually retracements will be happening at 23.6%,37.8%,50%, and 61.7%
-
GK Pai 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, 5 months ago
Technical indicators as the name indicates the nature and strength of the trend. It is not decision making analysis, it just gives indication of trends.
It differ from other analysis on following basis
1. Other analysis gives details like where to enter/exti/stop loss. But TI just gives nature and strength of trend.
2. Other analysis are not…[Read more]
-
GK Pai 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, 5 months ago
Intraday trading is a deal and not a settlement. So we need to close on the same day.
-
GK Pai replied to the topic Do global markets impact the intraday price movement? How? in the forum Intraday Analysis for Day Traders 7 years, 5 months ago
Yes Global market impact the intraday price movement.
Because
1. FII are strong hands in indian market. Any change in global may affect decision of FII which will be reflected in price movement.
2. Global market price movement affects the sentiments of Indian market. Eg: If global market is bearish, Indian market may not be confident enough to…[Read more]
-
GK Pai 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, 5 months ago
1. In Intraday, all the trades need to be settle on the same day. So there is a limited time for analysis
2. Intraday trades are highly volatile
3. News and global markets may affect intraday
4. Intraday inputs are differ from positional Trading
-
GK Pai replied to the topic What is the IDEAL time to trade intraday? in the forum Intraday Analysis for Day Traders 7 years, 5 months ago
Morning 10-10.30
Afternoon – 2 -2.45 -
GK Pai replied to the topic What is Moving Average? in the forum Technical Indicators to understand market trend 7 years, 5 months ago
Moving average is a technical indicator that gives price movement trend on trending area ie it will not work on side waves.
-
GK Pai replied to the topic What is RSI? How to identify the buying zone? in the forum Technical Indicators to understand market trend 7 years, 5 months ago
RSI is relative strength index. It gives the strength of buying and selling on non trending area.
As price comes down, price will come below 30% Mark, after that it will take a reversal and it cross 30% mark again. We buy stock at that point.
-
GK Pai and Prabhu Krishnan are now friends 7 years, 5 months ago
-
GK Pai's profile was updated 7 years, 5 months ago
-
GK Pai replied to the topic What do we interpret using GAP ANALYSIS? in the forum GAP Analysis and its interpretations 7 years, 5 months ago
By Gap analysis, we are interpreting Trend and strength of the trend.
-
GK Pai 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, 5 months ago
Area Gap/Consolidation: -It happens on non trending area. This gap may or may not be filled we cant predict. If gas is not filled means, counter party is not strong enough.
Breakout:- It shows starting of new trend. It usually happens after side way/non trending stage
Runaway:- It confirms trend after the breakout. It happens after Breakout. It…[Read more]
- Load More