-
Pradeep and Ganesh are now friends 8 years, 9 months ago
-
Pradeep and santhoshkumar are now friends 8 years, 9 months ago
-
Pradeep and sreevalli are now friends 8 years, 9 months ago
-
Pradeep and bhavani are now friends 8 years, 9 months ago
-
Pradeep and R.Durga Prasad are now friends 8 years, 9 months ago
-
Pradeep and Vijayakumar are now friends 8 years, 9 months ago
-
Pradeep and tamilselvi are now friends 8 years, 9 months ago
-
Pradeep replied to the topic ORCHIDCHEM – Bullish above 63, Stop Loss 60 & Target 66 in the forum Dow Theory – Old but a Golden Concept 8 years, 9 months ago
Thanks for the feedback. I checked the Intraday chart just to get the confirmation whether the bottom formed was a lower bottom or not., however I should have avoided as we are now using only Dow theory and as you mentioned, we should wait for the confirmation of bullish trend and enter above Rs.70 + level after confirming the trend.
I will try…[Read more]
-
Pradeep started the topic ORCHIDCHEM – Bullish above 63, Stop Loss 60 & Target 66 in the forum Dow Theory – Old but a Golden Concept 8 years, 9 months ago
Reason for going bullish on this stock :-
1.From the chart we could a sequence of Higher Top and Higher bottom with significant volume confirming the bullish trend.
2.Market fell on Friday and went down to Rs.60 level after the quarterly result announcement which was not inline with market expectation however recovered to Rs.62.35.
3. From the…[Read more]
-
Pradeep and Lakshmisudha R are now friends 8 years, 9 months ago
-
Pradeep and Naveen are now friends 8 years, 9 months ago
-
Pradeep and L.Vigneshwaraprakash are now friends 8 years, 9 months ago
-
Pradeep and Suriyaprabu are now friends 8 years, 9 months ago
-
Pradeep and Gopalakrishnan are now friends 8 years, 9 months ago
-
Pradeep and Ramesh are now friends 8 years, 9 months ago
-
Pradeep and Padmavathi Sukumar are now friends 8 years, 9 months ago
-
Pradeep and Abirami Duraisamy are now friends 8 years, 9 months ago
-
Pradeep changed their profile picture 8 years, 9 months ago
-
Pradeep replied to the topic What is the process of identifying momentum stock in intraday? in the forum Intraday Analysis for Day Traders 8 years, 9 months ago
Intraday analysis is done using the Top Down Approach.
The process of identifying the momentum stock in Intraday is as follows :-
1. Identify the Market Direction i.e, whether the market is +ve or -ve.
2. Check Market Breadth (Advance / Decline)
3. Check sector contribution that is weighing for the market direction.
4. Check the Index…[Read more]
-
Pradeep replied to the topic Do global markets impact the intraday price movement? How? in the forum Intraday Analysis for Day Traders 8 years, 9 months ago
Intraday price movement is driven by the market sentiment and the global market plays a major role to decide the market trend /movement of our market on a given day.
Indian market that opens at 9 am IST depends upon the prevailing market condition of its Asian peers like, Hongkong market, Singapore market etc., which would have opened taking t…[Read more]
- Load More