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Ayyasamy muthukumar started the topic in the forum Intraday Analysis for Day Traders 8 years, 7 months ago
Intraday analysis to be done on basis of top down approach and after selecting the stock entry price and Stoploss target has to be decided before the trade.
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Ayyasamy muthukumar 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, 7 months ago
Positional analytical methods are not to be followed in intraday analysis because positional analysis we expect the price movements over a period of time (short term) but in intra day analysis to be done on the basis per day price movements that depends on various factors such as global markets,FIL participation, market breath on price wise as…[Read more]
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Ayyasamy muthukumar replied to the topic What is the process of identifying momentum stock in intraday? in the forum Intraday Analysis for Day Traders 8 years, 7 months ago
For the process of identifying momentum stock in intraday top down approach can be used
According to that
1.market direction to be identified
For this 5 key points to be considered
* world market either + –
*FIL activities in recent days
*indian market
*market breath price wise
*market breath turnover wise
2.index contribution
If p…[Read more]
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Ayyasamy muthukumar replied to the topic Do global markets impact the intraday price movement? How? in the forum Intraday Analysis for Day Traders 8 years, 7 months ago
Yes global markets impact the intraday price movement.
Eventhough fundamentals are stronger,but the global markets can cause the sentimental impact on investor because of that intraday price will be changed also global political issues can cause the indirect influence in our market.
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Ayyasamy muthukumar 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, 7 months ago
We need to close the intraday position on same day because settlement has to be done on same day
It is not mandatory to close on same day we can make it to positional provided there should be sufficient fund available in the account
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Ayyasamy muthukumar replied to the topic What is Moving Average? in the forum Technical Indicators to understand market trend 8 years, 7 months ago
Moving average is the average closing price for the definite period
It is an one of the technical indicators for the identification of trend.
Normally 21 days moving averge for short term.
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Ayyasamy muthukumar 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, 7 months ago
Technical indicators are the secondary tool for predicting the price movements after the technical analysis
Moving average,Relative strength index RSI are common technical indicators
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Ayyasamy muthukumar replied to the topic What is RSI? How to identify the buying zone? in the forum Technical Indicators to understand market trend 8 years, 7 months ago
RSI Relative strength index
Here price movements shown on scale 30 and 70 points
If RSI is more than 70,indicates strength buying zone(with high volume )
If RSI is less than 30 indicates weakness selling zone
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Ayyasamy muthukumar 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, 7 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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Ayyasamy muthukumar replied to the topic What is the logic behind golden Mean – Fibonacci Series? in the forum Technical Indicators to understand market trend 8 years, 7 months ago
Fibonacci series logic is to identify the reversals in a chart.in stocks often pull back in fibonacci pattern.that is in the level of 38.2%,50 %,61.8%
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Ayyasamy muthukumar started the topic in the forum GAP Analysis and its interpretations 8 years, 7 months ago
Gap analysis shows the strength of the movement of the market
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Ayyasamy muthukumar replied to the topic What is called as GAP in technical analysis? in the forum GAP Analysis and its interpretations 8 years, 7 months ago
Gap in technical analysis is the non traded zone in between yesterday’s closing price and today’s opening price
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Ayyasamy muthukumar replied to the topic What do we interpret using GAP ANALYSIS? in the forum GAP Analysis and its interpretations 8 years, 7 months ago
Gap analysis identifies the strength and weakness of the market.
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Ayyasamy muthukumar 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, 7 months ago
Consolidation :
It is also known as area gap
It normally appears inside the trading range.
Area gap filled in near term
The volume during the area gap will be low
Breakout gap:
Breakout gap appears only when price give break out from its trading range.
Gap maynot be filled in near term
Volume during the gap day will be very hi…[Read more]
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Ayyasamy muthukumar 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, 7 months ago
Gap in a chart is the empty space between yester day closing price &today’s opening price.
Four types:
1.Area gap
2.Break out gap
3.Runaway gap.
4.Exhaustion gap
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Ayyasamy muthukumar started the topic in the forum The Simple Candlestick Analysis 8 years, 7 months ago
Candle stick analysis is powerful, easy to understand pattern.
They provide earlier indications market turns.
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Ayyasamy muthukumar replied to the topic What are HAMMER / hanging man? Why it is very popular when to buy and Sell? in the forum The Simple Candlestick Analysis 8 years, 7 months ago
Hammer is the rare and powerful bullish pattern in candle stick analysis. There should be downtrend before that. Hammer lower tail should be min two times of its body size.
Hammer should be green in colour.
The upper tail should be very small
Volume should be high in hammer day.
On should buy after hammer above the previous day high…[Read more]
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Ayyasamy muthukumar 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, 7 months ago
Candle stick analysis is one of the technical analysis pattern for weekly traders. it helps in easily identify the price movements.
Green for bullish.
Red for bearish.
Real time application for weekly position traders
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Ayyasamy muthukumar replied to the topic What is Engulfing pattern? What are its conditions to qualify? When to buy and Sell? in the forum The Simple Candlestick Analysis 8 years, 7 months ago
In candle stick analysis, engulfing pattern can be identified by the following conditions.
The recent fall in price should be witnessed.
The latest bullish body should cover fully the previous day bear body.
The slight increase in volume during any the last two days.
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Ayyasamy muthukumar replied to the topic What is DOJI? How to make use of DOJI? in the forum The Simple Candlestick Analysis 8 years, 7 months ago
Doji means neutral.Normally it appears after the significant fall or rally.Doji with high volume indicates the trend reversal
Doji followed by the side ways movement may not be considered.
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