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prprasad commented on the post, HAVELLS – BULLISH ABOVE – DOW THEORY 7 years, 2 months ago
Ok Sir, I will do another analysis using DOW theory….
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prprasad wrote a new post, ASHOK LEYLAND – DOUBLE BOTTOM – BULLISH ABOVE 7 years, 2 months ago
Double bottom pattern occured in Ashok leyland. The duration between the two bottoms are around one month and the volume is good at point C and it creates bullish trend.
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prprasad wrote a new post, HAVELLS – BULLISH ABOVE – DOW THEORY 7 years, 2 months ago
from july 2015,there is bearish trend and this continues upto november 2015. and from november bullish trend starts with good volume.
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prprasad 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, 3 months ago
If we are going for short it is mandate to cover within the day.
If we are going for long it is not mandate to unwinding within a day,we can take position.
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prprasad replied to the topic What is the process of identifying momentum stock in intraday? in the forum Intraday Analysis for Day Traders 7 years, 3 months ago
1.world markets
2.FII activity
3.Indian market
4.Advance/decline ratio
5.Turnover basis.
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prprasad replied to the topic Do global markets impact the intraday price movement? How? in the forum Intraday Analysis for Day Traders 7 years, 3 months ago
YES.
Asian market impacts morning session
European market – Noon session.
FII are the strong hands and they trade based on world market.
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prprasad replied to the topic What is the IDEAL time to trade intraday? in the forum Intraday Analysis for Day Traders 7 years, 3 months ago
10 AM – 11.30 AM
2 PM – 2.45 PM ( best slot)
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prprasad 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, 3 months ago
The positional analytical methods are for short and long term traders. for this we need stock charts for a period of time.
this will not help for intraday analysis as the price flutuations are frequently happens in intraday trading.
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prprasad 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, 3 months ago
Intraday analysis – done for Intraday trading only.
for intraday analysis, we have to study the following :
World market
FII activity
Indian market
Market breadth – advance/decline ratio
Market breadth – Turnover basis.
Positional analysis – we have to study only the stock charts.
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prprasad 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, 3 months ago
There are four primary methods for applying the Fibonacci sequence to finance: retracements, arcs, fans and time zones.
1. Fibonacci Retracements
Fibonacci retracements use horizontal lines to indicate areas of support or resistance.They are calculated by first locating the high and low of the chart. Then five lines are drawn: the first at 100…[Read more]
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prprasad 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, 3 months ago
<span style=”color: #000000; font-family: sourcesanspro-regular-webfont, Helvetica, Arial, Verdana, sans-serif; font-size: 15px; -webkit-text-stroke-width: 0.15px;”>There are four primary methods for applying the Fibonacci sequence to finance: </span>retracements<span style=”color: #000000; font-family: sourcesanspro-regular-webfont, Helvetica,…[Read more]
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prprasad replied to the topic What is the logic behind golden Mean – Fibonacci Series? in the forum Technical Indicators to understand market trend 7 years, 3 months ago
Fibonacci series:
Each term in this sequence is simply the sum of the two preceding terms (1, 1, 2, 3, 5, 8, 13, etc.).
Almost everything has dimensional properties that adhere to the ratio of 1.618.
for example. If you divide the female bees by the male bees in any given hive, you will get 1.618. Sunflowers, which have opposing spirals of…[Read more]
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prprasad replied to the topic What is the logic behind golden Mean – Fibonacci Series? in the forum Technical Indicators to understand market trend 7 years, 3 months ago
Fibonacci series:
<span style=”color: #000000; font-family: sourcesanspro-regular-webfont, Helvetica, Arial, Verdana, sans-serif; font-size: 15px; -webkit-text-stroke-width: 0.15px;”>Each term in this sequence is simply the sum of the two preceding terms (1, 1, 2, 3, 5, 8, 13, etc.).</span><span style=”color: #000000; font-family:…[Read more]
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prprasad replied to the topic What is RSI? How to identify the buying zone? in the forum Technical Indicators to understand market trend 7 years, 3 months ago
Relative Strength Index (RSI). RSI <30 is th buying zone.
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prprasad 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 7 years, 3 months ago
Moving average,
Relative Strength Index (RSI)
these are the technical indicators.
they are just indicators to identify the trend and it doesn’t analyze anything.
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prprasad replied to the topic What is Moving Average? in the forum Technical Indicators to understand market trend 7 years, 3 months ago
It is a technical indicator to identify the trend.
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prprasad replied to the topic What is called as GAP in technical analysis? in the forum GAP Analysis and its interpretations 7 years, 3 months ago
The difference in previous High and today’s low or vice – versa is called GAP in technical analysis.
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prprasad replied to the topic How to name a GAP? What are Four Types of GAP? in the forum GAP Analysis and its interpretations 7 years, 3 months ago
Area GAP
Breakout GAP
Runaway GAP
Exhaustion GAP.
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prprasad replied to the topic What do we interpret using GAP ANALYSIS? in the forum GAP Analysis and its interpretations 7 years, 3 months ago
We interpret the trending phase and its intensity.
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prprasad 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 7 years, 3 months ago
Consolidation ( Area GAP) – Appears inside trading range
Gap May be filled and volume is low.
Breakout GAP – Appears when price gives breakout from trading range.
Gap May not be filled and Volume is High.
Runaway GAP – Post breakout, GAP appears inside trending zone.
GAP may not be filled and volume distributed evenly.
Exhaustion GAP – If…[Read more]
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