-
Pradeep commented on the post, Tvs Electronic – Flag Pattern Bullish 3 years, 11 months ago
Hi, Can you pls explain how the Stop loss and Target is fixed?
-
Pradeep commented on the post, KPR Mill – Head and Shoulder – Bearish trend 6 years, 11 months ago
Duration must be 3 months
-
Pradeep commented on the post, Hero MotorCorp-Head and Shoulder 6 years, 11 months ago
Hi, Pls correct me if I’m wrong.
Entry- Lowest of the 2 bottoms I.e neck of left shoulder
Stoploss- Highest of the 2 shoulders I.e top of right shoulder -
Pradeep commented on the post, daber india /head and shoulder /bullish 6 years, 11 months ago
Minimum duration must be 3 months
Only the head is inverted. Shoulders also need to be inverted. -
Pradeep commented on the post, Castrol – Head and Shoulder 6 years, 11 months ago
Minimum duration must be 3 months
-
Pradeep commented on the post, (My first analysis!) Asian Paints- Dow analysis- Bullish trend 6 years, 12 months ago
Noted !
-
Pradeep wrote a new post, Castrol- Failed Double Bottom 6 years, 12 months ago
Double bottom in a duration of 20 days with high volume at neck breakout. But failed to sustain and fall out immediately.
-
Pradeep commented on the post, (My first analysis!) Asian Paints- Dow analysis- Bullish trend 7 years ago
Hi Thank you for the feedback.. I will correct it in my next analysis..
Are the volumes high enough ?
-
Pradeep changed their profile picture 7 years ago
-
Pradeep wrote a new post, (My first analysis!) Asian Paints- Dow analysis- Bullish trend 7 years ago
Analysis period – 2015 to April- 2017Bullish trend spotted in recent past.This is my first analysis. Appreciate your feedback and comments.
-
Pradeep 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 ago
Positional analysis needs data from a longer period and the trade completion duration can be in weeks or months. Hence it cannot be considered for intraday.
-
Pradeep replied to the topic What is the process of identifying momentum stock in intraday? in the forum Intraday Analysis for Day Traders 7 years ago
1. See the trend of latest closed markets i.e European markets.
2. Analyses the FII activity
3. Do index wise analysis. See market breadth (advance or decline ratio) price wise and turnover wise.
4. Select the top influencing stocks.
5. If market is positive make Long position. If negative Create short position.
-
Pradeep 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 ago
In Intraday the trade happens on the same day. In positional it may take days or months to complete the trade.
Intraday- The market is driven by sentiment henceforth trade decisions are based on market sentiment.
Positional- Sufficient timing is taken for analysis of a stock and then the trade decision is taken.
Intraday- Analysis of global…[Read more]
-
Pradeep 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 ago
Not necessary for Long position.
For short position since we had sold the shares which we have not owned it is mandatory to deliver the shares by end of day. Else penalty of 20% will be levied.
-
Pradeep replied to the topic Do global markets impact the intraday price movement? How? in the forum Intraday Analysis for Day Traders 7 years ago
When the Indian markets open, it takes cue from the latest closed markets which are European markets.
Thus global markets affects the Indian markets.
-
Pradeep replied to the topic What is the IDEAL time to trade intraday? in the forum Intraday Analysis for Day Traders 7 years ago
10 to 11:30
2 to 2:45
-
Pradeep 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 ago
Identify the low and high points of the period and mark the low as 0% and high as 100%
Now draw the horizontal lines at 23.6%, 38.2%, 50%, 61.8%.
As the price crosses each level, the next level is considered as resistance until we see a trend reversal. Once the reversal is seen the previous level is considered as support.
This is used only as…[Read more]
-
Pradeep 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 ago
The key Fibonacci retracement points are: 0%, 23.6%, 38.2%, 50%, 100%
2 extreme points are created as 0 and 100. Then the other points are traced in horizontal lines.
When there is a trend reversal at on of these points another trend reversal is expected at the line next to it.
-
Pradeep replied to the topic What is the logic behind golden Mean – Fibonacci Series? in the forum Technical Indicators to understand market trend 7 years ago
The golden mean in Fibonacci series is 61.8%
This is the ratio of dividing one number in the Fibonacci series by the number following it.
-
Pradeep replied to the topic What is RSI? How to identify the buying zone? in the forum Technical Indicators to understand market trend 7 years ago
RSI- It is a readymade indicator ranging between 0 to 100.
0-30: Oversold
70-100: Overbought
When the trend goes below 30 and bounces back the same line it is entering the buying zone.
- Load More