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Udayarka Pakala and Pratheep Kumar are now friends 7 years, 5 months ago
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Vinish Kumar and Pratheep Kumar are now friends 7 years, 9 months ago
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srinivash c g and Pratheep Kumar are now friends 7 years, 9 months ago
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logawin and Pratheep Kumar are now friends 7 years, 9 months ago
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Pratheep Kumar 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, 3 months ago
- Factors considered for intraday analysis are current market sentiment, global market trend for particular day.
- Positional analysis requires previous market trends,price movements from a longer time frame and hence positional analysis cannot be followed in intraday analysis.
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Pratheep Kumar replied to the topic What is the process of identifying momentum stock in intraday? in the forum Intraday Analysis for Day Traders 8 years, 3 months ago
- Determine the direction and sentiment of the market
- Analysis the condition of the global market,FII activity,market breadth.
- Index contribution – Top 3 performing sector selection
- Stock selection – based on performance and turnover
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Pratheep Kumar replied to the topic Do global markets impact the intraday price movement? How? in the forum Intraday Analysis for Day Traders 8 years, 3 months ago
The global market sentiment and performance influences indian market, as most of the sectors are dependent globally for various needs.Many companies are listed on global market indices.
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Pratheep Kumar 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, 3 months ago
- In intraday trading it is mandatory to close the trading in case short position is called.
- When long position is taken,its better to close on same day. because there is no gurantee the loss is covered the next day
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Pratheep Kumar replied to the topic What is the IDEAL time to trade intraday? in the forum Intraday Analysis for Day Traders 8 years, 3 months ago
During 10 to 11:30 hrs we analyse the asian markets and during 14:00 to 15:00 hrs we analyse the european markets.The ideal time is 10-11:30 hrs. and 14:00 t0 15:00 hrs
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Pratheep Kumar 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, 3 months ago
Intraday:
- All open positions are exited before the market closes and you will have a net profit or loss based on your trades.
- The working capital needed for intraday trades is generally much lower than for positional trades.
- Consider the relative volatility of price moves. Movements from 1 minute to 5 minute to 15 minute or hourly…
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Pratheep Kumar 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, 3 months ago
To calculate the Fibonacci Retracement levels, a significant low to a significant high should be found. From there, prices should retrace the initial difference (low to high or high to low) by a ratio of the Fibonacci sequence, generally the 23.6%, 38.2%, 50%, 61.8%, or the 76.4% retracement.This retracement will give us the support and resistance…[Read more]
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Pratheep Kumar replied to the topic What is the logic behind golden Mean – Fibonacci Series? in the forum Technical Indicators to understand market trend 8 years, 3 months ago
The ratios are based on the distance between fibonacci numbers. If we use three numbers from a simple fibonacci series (1,1,2,3,5,8,13,21,34,55…)
Examples:
1. (34-21)/34 = 38.2%
2. (34-21)/55 = 23.6%
3. (34-21)/21 = 61.8%
This ratio helps in identifying lines in the stock price movement that help in identifying support and resistance levels.
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Pratheep Kumar replied to the topic What is RSI? How to identify the buying zone? in the forum Technical Indicators to understand market trend 8 years, 3 months ago
The relative strength index (RSI), is computed on the basis of the speed and direction of a stock’s price movement. This means that the RSI indicator only measures the stock’s internal strength based on its past data.RSI is considered overbought when above 70 and oversold when below 30.
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Pratheep Kumar replied to the topic What is Moving Average? in the forum Technical Indicators to understand market trend 8 years, 3 months ago
A Moving Average is an indicator that shows the average value of a security’s price over a period of time.The interpretation of an indicator’s moving average is similar to the interpretation of a security’s moving average:when the indicator rises above its moving average, it signifies a continued upward movement by the indicator;when the indicator…[Read more]
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Pratheep Kumar 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, 3 months ago
A metrics whose value is derived from generic price activity in a stock or asset. Technical indicators look to predict the future price levels, price direction of a security by looking at past patterns.This Can be Used as a Supporting Tool to Confirm the Trend Identified using Technical Analysis.
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Pratheep Kumar 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, 3 months ago
Consolidation GAP: Area gap : The gap which appears in non-trending area with the low volume. Mostly this gap will be filled in short span.
Breakout: The gap that appears in trending area with high volume and should not be filled. It shows the buyer strength. So it indicates trend move.
Runway: The gap that appears after breakout and in trending…[Read more]
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Pratheep Kumar 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, 3 months ago
It helps to identify the strength of the trend, and appears due to difference in the range.
The four types of gaps are:
Area gap: Gaps are ‘common’ and ‘uneventful’. If a Gap is formed when the markets are moving in a narrow range,
Breakaway gap: A “breakaway” gap ends a consolidation pattern and happens as prices break out.They would be acco…[Read more]
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Pratheep Kumar replied to the topic What do we interpret using GAP ANALYSIS? in the forum GAP Analysis and its interpretations 8 years, 3 months ago
A technical analyst watches stock price behavior, searching for signs of any change in behavior. If a stock is in a strong uptrend, the analyst watches for any sign that the trend has ended. When a stock is in a consolidation period, the analyst watches for any sign of a change in behavior that would indicate a breakout either to the upside or to…[Read more]
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Pratheep Kumar replied to the topic What is called as GAP in technical analysis? in the forum GAP Analysis and its interpretations 8 years, 3 months ago
The space formed due to price difference between the previous day close and current day open price. It helps to understand the strength of the trend.
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Pratheep Kumar 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, 3 months ago
The hanging man and the hammer are both candlestick patterns that indicate trend reversal. The only difference between the two is the nature of the trend in which they appear. If the pattern appears in a chart with an upward trend indicating a bearish reversal, it is called the hanging man. If it appears in a downward trend indicating a bullish…[Read more]
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