@krishnakms
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KRISHNA KUMAR MS posted an update 8 years, 7 months ago
Dear Murugan Sir,
I am not able to locate one Head and Shoulders in current Market which fulfills all the conditions. . -
KRISHNA KUMAR MS replied to the topic BHEL Head and Shoulder in the forum Head and Shoulder 8 years, 7 months ago
This is a Good case Study of the Head and Shoulders pattern. The stock progressed perfectly as per the Charts. If such a chart pattern can be seen for any of the stock as on current date, it will be very helpful to monitor and learn/ earn.
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KRISHNA KUMAR MS started the topic Dabur – 20.9.15 – Double Top – Bearish – CMP 275 – Entry Below 270 – Tgt 260 in the forum Double Bottom / Double Top 8 years, 7 months ago
Dear Friends,
I have done a analysis onĀ dabur and found that it has recently formed a Double Top.
Dabur – 20.9.15 – Double Top Ā – Bearish – CMP 275 – Entry Below 270 – Tgt 260 – SL 275.
It is at aĀ CMP of 275 and we may prefer to sell the same only if it goes below 270 for a target of 260 with a sl of the same reverting back to 275. Please se…[Read more]
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KRISHNA KUMAR MS posted an update 8 years, 7 months ago
I have created two new positions in paper using the Dow theory. HDFC bank – Bullish and Bosch – Bearish. Now i will Wait for the next couple of months to see whether my entry level is triggered.
Now i move on to the next practical activity in Double top/ Double Bottom -
KRISHNA KUMAR MS started the topic HDFC bank – 18.9.15 – Dow – Bullish – CMP 1049 – Entry Above 1127 – Tgt 1283 in the forum Dow Theory ā Old but a Golden Concept 8 years, 7 months ago
I had chosen HDFC bank for study of practical activity using Dow Analysis.
The stock is as on date (18.9.15) on a upswing in line with the upswing in the market. There is no divergence between the stock and the bank Nifty. As on date this stock is trading at a CMP of 1049. As per the charts, if it crosses the previous high of 1127 Achieved in…[Read more]
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KRISHNA KUMAR MS started the topic Bosch – 18.9.15 – Bearish – CMP 21790, Entry Below 20930, Tgt 19210, SL 21790 in the forum Dow Theory ā Old but a Golden Concept 8 years, 7 months ago
The stock is under a bearish trendĀ if it breaks is previous support of 20930. We should enter only if 20930 is broken with good volumes in the next one month.
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KRISHNA KUMAR MS replied to the topic YESBANK-BULLISH 715-SL-647-TARGET-817 in the forum Dow Theory ā Old but a Golden Concept 8 years, 7 months ago
When we take Dow Theory as the basis, the Top formed is still Lower Top at 715. The last Lower Top in the bearish trend was around 775 to 790. Hence from a long term perspective it is better to wait for level of 775 and enter than now.
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KRISHNA KUMAR MS replied to the topic BAJAJ AUTO – DOW THEORY in the forum Dow Theory ā Old but a Golden Concept 8 years, 7 months ago
If we study this Bajaj Auto Chart (basis – Dow Theory), it gives no trend (either Bullish or Bearish).
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KRISHNA KUMAR MS posted an update 8 years, 7 months ago
Hi Good Afternoon. This Instructions to Practice DOW Theory: Read Before You Start is not getting opened now, It opened once in the Morning, but I did not read fully. I want to read once again. Please help.
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KRISHNA KUMAR MS posted an update 8 years, 7 months ago
Hi, Good Evening. This week pretty busy. So could not take up the 11th day practical activity and start the same. Also facing some issues in the net connectivity.
Will start doing the practical activities at the earliest. -
KRISHNA KUMAR MS posted an update 8 years, 8 months ago
Hi, Completed today the 10th day theoretical activity on Intra day analysis for Day traders.
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KRISHNA KUMAR MS replied to the topic What is the process of identifying momentum stock in intraday? in the forum Intraday Analysis for Day Traders 8 years, 8 months ago
Check the following.
1) World market, Asian market trend.
2) FII activities in the recent past (two to three days).
3) Indian market (Nifty) trend – positive or negative
4) Market Breadth (Advance decline ratio) based on price.
5)Ā Market Breadth (Advance decline ratio) based on turnover.
by checking the above, check whether the overall…[Read more]
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KRISHNA KUMAR MS replied to the topic What is the IDEAL time to trade intraday? in the forum Intraday Analysis for Day Traders 8 years, 8 months ago
Ideal time to do a intraday trade is enter at around 10.00 A.M and exit before 3.00 PM.
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KRISHNA KUMAR MS 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, 8 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 consideringĀ several other factors to predict the price movementĀ of a stock, like charts indicating the price and volume over a particular period. The analysis method followed here is the bottom up a…[Read more]
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KRISHNA KUMAR MS 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, 8 months ago
Intraday analysis is done for getting in and out of a stock on same day. For intraday analysis we follow any major news break out, market sentiments, and global market outlook and market or stock momentum.
Positional analysis is for a more than a day. Positional analysis is done with the various price movements and charts to decide on the future trend.
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KRISHNA KUMAR MS replied to the topic Do global markets impact the intraday price movement? How? in the forum Intraday Analysis for Day Traders 8 years, 8 months ago
Yes global markets affect the intraday price movement.
Market movement is based on two factors, fundamental and sentiment. Based on Fundamentals like profit generated, future growth etc, the share prices move up or down over a long term. Short term price movements are based on sentiments, announcements, global factors and surprise news. If there…[Read more]
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KRISHNA KUMAR MS 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, 8 months ago
We did all the analysis for a intra day trade. As a disciplined trader, we should religiously close the position 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. For any such transaction that is done using the margin…[Read more]
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KRISHNA KUMAR MS posted an update 8 years, 8 months ago
Hi, Completed the 9th Day activity on Technical Indicators to understand market trend. Tomorrow will take up the 10th day theory activity.
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KRISHNA KUMAR MS replied to the topic What is RSI? How to identify the buying zone? in the forum Technical Indicators to understand market trend 8 years, 8 months ago
RSI (Relative Strength Index) is a technical Non trending indicator. Here price movement will be shown on a scale having 70 and 30 points.
If the price move above 70 zone with high volume then take Long position, where as if the price reaches the neck line of 30, it denotes theĀ sellers are selling in huge manner then we have to take short…[Read more]
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KRISHNA KUMAR MS replied to the topic What is Moving Average? in the forum Technical Indicators to understand market trend 8 years, 8 months ago
MOVING AVERAGEĀ 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
To identify the trend direction
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 since…[Read more] - Load More