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KAVITHA SUNDER wrote a new post, ENGINEERS INDIA 6 years, 10 months ago
engineers India triangle pattern breakout
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KAVITHA SUNDER wrote a new post, head and shoulder nifty monthly chart 6 years, 10 months ago
nifty head and shoulder formed in monthly chart
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KAVITHA SUNDER wrote a new post, ENGINEERS INDIA 6 years, 10 months ago
ENGINEERS INDIA MADE DOUBLE BOTTOM AND CLOSE ABOVE TREND LINE WITH GREEN CANDLE LOW VOLUME
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KAVITHA SUNDER wrote a new post, HINDALCO – BULLISH DOW THEORY 6 years, 10 months ago
HINDALCO BULLISH LONG TERM
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KAVITHA SUNDER replied to the topic What is the process of identifying momentum stock in intraday? in the forum Intraday Analysis for Day Traders 6 years, 10 months ago
Intraday analysis is done using the Top Down Approach.
The process of identifying the momentum stock in Intraday is as follows :-
1. Identify the Market Direction i.e, whether the market is +ve or -ve.
2. Check Market Breadth (Advance / Decline)
3. Check sector contribution that is weighing for the market direction.
4. Check the Index…[Read more]
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KAVITHA SUNDER replied to the topic Why the positional analytical methods are not followed in intraday analysis? in the forum Intraday Analysis for Day Traders 6 years, 10 months ago
Intraday price movement is witnessed mainly due to market sentiment and analysis is done using the top down approach.
Positional analysis is done considering several other factors to predict the price movement of a stock, the analysis method followed here is the bottom up approach. The stock is selected and chart is plotted by taking various data…[Read more]
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KAVITHA SUNDER replied to the topic Do global markets impact the intraday price movement? How? in the forum Intraday Analysis for Day Traders 6 years, 10 months ago
Intraday price movement is driven by the market sentiment and the global market plays a major role to decide the market trend /movement of our market on a given day.
Indian market that opens at 9 am IST depends upon the prevailing market condition of its Asian peers like, Hongkong market, Singapore market etc., which would have opened taking the…[Read more]
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KAVITHA SUNDER replied to the topic What is the IDEAL time to trade intraday? in the forum Intraday Analysis for Day Traders 6 years, 10 months ago
he IDEAL time for trading Intraday would be between 10 am to 11.30 am in the morning and between 1.30 pm to 2.45 pm in the afternoon.
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KAVITHA SUNDER 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 6 years, 10 months ago
As a disciplined trader if a trade has been executed with the perspective of closing it on the same day it should be religiously followed and the trade should be closed on the same day before the close of the market even if it ends in a loss.
In some cases the Intraday trader uses the margin amount provided by the brokers to trade in the market,…[Read more]
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KAVITHA SUNDER replied to the topic What is intraday analysis? How it is different from positional analysis in the forum Intraday Analysis for Day Traders 6 years, 10 months ago
Intraday analysis is the method of analysis to identify the stocks that needs to be traded(bought & sold) in the same day to make income/profit. Intraday analysis is based on market sentiment, i.e, Market direction, Sector contribution and selecting the stock trading with high volume.
The Intraday analysis follows the top down approach in…[Read more]
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KAVITHA SUNDER replied to the topic What is the logic behind golden Mean – Fibonacci Series? in the forum Technical Indicators to understand market trend 6 years, 10 months ago
Fibonacci a simple numerical sequence starting with 0 and 1, each new number in the sequence is simply the sum of the two before it.
0, 1, 1, 2, 3, 5, 8, 13, 21, 34, 55, 89, 144, . . .are the Fibonacci series.
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KAVITHA SUNDER 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 6 years, 10 months ago
FIBONACCI RETRACEMENT is based on Fibonacci ratios namely 61.8%, 38.2%, 23.6% (which are arrived by his series 0 1 1 2 3 5 8 13 21 34 55 89 144..up to infinity in which the (from the third) number in the series is the sum of two numbers in the left and 61.8% is the % arrived by any number in the series divided by its next right side number in the…[Read more]
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KAVITHA SUNDER replied to the topic Using moving average, when to trade? in the forum Technical Indicators to understand market trend 6 years, 10 months ago
Moving average, if the market is bullish and the price of the stock is also bullish wait to see if Moving Average is Bullish trending then go for Buy. If the price goes below the MA then it a Bearish trend hence short position is created.
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KAVITHA SUNDER replied to the topic What is Moving Average? in the forum Technical Indicators to understand market trend 6 years, 10 months ago
MOVING AVERAGE _ MA is a trend following/lagging indicator based on the average closing prices of the stock This is called simple moving average
The most common applications are
(a)TO identify the trend direction
(b)To find the support and resistance levels
FOR short term trader 21 DMA is enough where as for long term trader 200 DMA is required…[Read more] -
KAVITHA SUNDER replied to the topic What is RSI? How to identify the buying zone? in the forum Technical Indicators to understand market trend 6 years, 10 months ago
Relative Strength Index or RSI is a momentum indicator that compares the average price change of the advancing periods with the average change of the declining periods.
The RSI can also be used to identify the overbought/oversold levels in a counter, the RSI value above 70 as ‘overbought zone’ and below 30 as ‘oversold zone’.
If a stock is trad…[Read more]
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KAVITHA SUNDER 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 6 years, 10 months ago
Technical indicators are algorithm representative of price and volume. It is different from other technical analysis because it does involve demand and supply.
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KAVITHA SUNDER replied to the topic What is called as GAP in technical analysis? in the forum GAP Analysis and its interpretations 6 years, 10 months ago
In a technical analysis chart, a gap represents an area where no trading takes place. It is is essentially an empty space between one trading period and the previous trading period.
The GAP is formed when there is a large-enough difference in the opening price of a trading period where that price and the subsequent price moves do not fall within…[Read more]
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KAVITHA SUNDER replied to the topic How to name a GAP? What are Four Types of GAP? in the forum GAP Analysis and its interpretations 6 years, 10 months ago
A gap in a chart is essentially an empty space between one trading period and the previous trading period.
The GAP is formed when there is a large-enough difference in the opening price of a trading period where that price and the subsequent price moves do not fall within the range of the previous trading period.
The four types of GAP are :…[Read more]
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KAVITHA SUNDER 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 6 years, 10 months ago
Consolidation :-
1. During this stage the gap will appear inside the trading range.
2. The gap created gets filled easily.
3. The volume during the consolidation stage is generally low.
Breakout : –
1. Break out Gap appears when the price breaks out from its trading range.
2. The volume during the break out day is usually very h…[Read more]
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KAVITHA SUNDER replied to the topic What do we interpret using GAP ANALYSIS? in the forum GAP Analysis and its interpretations 6 years, 10 months ago
Gaps are areas on a chart where the price of a stock moves sharply up or down, with little or no trading in between, it helps in interpreting the strength of the trend.
The GAP that occur at the end of a price pattern and signal the beginning of a new trend is a Breakaway gap.
The GAP that occur near the end of a price pattern and signal a final…[Read more]
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