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srinivash c g and Senthil are now friends 7 years, 9 months ago
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Senthil replied to the topic What is the IDEAL time to trade intraday? in the forum Intraday Analysis for Day Traders 7 years, 9 months ago
10.00 a.m – 11.30 a.m
2.00 p.m – 2.45 p.m -
Senthil replied to the topic What is the process of identifying momentum stock in intraday? in the forum Intraday Analysis for Day Traders 7 years, 9 months ago
1. Check Global market   –  If morning 9:30-10:00 AM then check Asia, if afternoon 1-2 PM then check Europe markets.US market both the times.
If global market is positive then long position or else short position.
2. Check FII activity           –  Check FII buying and selling for last 3 days.
If net amount is positive then Long position or…[Read more] -
Senthil replied to the topic Do global markets impact the intraday price movement? How? in the forum Intraday Analysis for Day Traders 7 years, 9 months ago
yes opening of indian market is based on asian market and closing of indian market is based on european markerts. And every foreign institution investores will invest money in every market, so global markets  economy will change every market.
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Senthil 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, 9 months ago
As we use margin to trade in intraday we need to close the same day. Also short positions need to be closed on same day.
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Senthil 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, 9 months ago
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Intraday analysis refers to trading of shares within the same day.
Positional analysis involves a longer period.
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Senthil 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, 9 months ago
Positional analysis requires information on a long term basis which is weekly charts, monthly or yearly charts which is not suitable for intraday analysis
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Senthil 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, 9 months ago
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technical indicator is different form other analysis as it deal only with demand and supply
technical indicator is the tool or instrument to make technical analysis
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Senthil 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, 9 months ago
The fabonacci retracement are lines formed upto extreme point in the flag ratios 23.6 , 38.2 , 50 , 61.8 ,100.line at 61.8 considered to resistance zone and line at 38.2 considered to support zone.
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Senthil replied to the topic What is the logic behind golden Mean – Fibonacci Series? in the forum Technical Indicators to understand market trend 7 years, 9 months ago
Golden mean is the ratio of the fibonacci number divided by its previous fibonacci number. It is approximately 1.618.
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Senthil replied to the topic What is RSI? How to identify the buying zone? in the forum Technical Indicators to understand market trend 7 years, 9 months ago
RSI (leading indicator/Non Tredning indicator)
I open the price chart and apply the RSI (for short term use 21days).
I can see the RSI curve in the scale of 0-100.RSI > 70 –>indicates strong supply zone (lot of buying is happening).
But if it crosses below 70 mark–>overbought (no more buying)–>i should sell.
The trend is expected to be -ve.…[Read more] -
Senthil replied to the topic What is Moving Average? in the forum Technical Indicators to understand market trend 7 years, 9 months ago
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- It is only an indicator of the trend. Decision making cannot take place by using it.
- The bullish or bearish trend can be know by this.
- 21days moving average is taken and above it the trend is bullish and below it the trend is bearish.
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Senthil 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, 9 months ago
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Consolidation: It happens on a low volume trade day.
Breakout gap: It happens when there is increase in volume to breakout the price from a resistance or support.
Runaway gap: It happens after a breakout and indicates the running away of sellers after a steep rise in price.
Exhaustion gap: It happens when the…[Read more]
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Senthil 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, 9 months ago
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Gap analysis is formed by the breakout
Types of gap
- Area gap
- Breakout gap
- Exhaustion gap
- Runaway gap
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Senthil replied to the topic What do we interpret using GAP ANALYSIS? in the forum GAP Analysis and its interpretations 7 years, 9 months ago
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- We interpret using GAP analysis is strength of trend.
- And also helps us to locate the phase of trend.
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Senthil replied to the topic What is called as GAP in technical analysis? in the forum GAP Analysis and its interpretations 7 years, 9 months ago
Gap in technical analysis deals with closing and opening may not remains the same.
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Senthil replied to the topic What is DOJI? How to make use of DOJI? in the forum The Simple Candlestick Analysis 7 years, 9 months ago
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DOJI means neutral. The apperance looks in the form of a star
It indicates a temporary pause after a significant rise or fall
At DOJI high volume indicates trend reversal
DOJI followed by high volume may not be considered
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Senthil 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 7 years, 9 months ago
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Hammer is a candlestick pattern and it is a sign of strength and bullish variant with greenish body.
Hanging man is the reversal of Hammer and it is a sign of strong bearish with the body red.
Hammer signals long position.
Hanging man signals short position.
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Senthil replied to the topic What is Candle stick analysis? Its evaluation and it real time application? in the forum The Simple Candlestick Analysis 7 years, 9 months ago
Candlestick analysis is powerful when we use in dialy charts. Mainly it is used by weekly traders. However, we can use in intraday analysis as well.
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Senthil replied to the topic What is morning and evening STAR? When to buy and Sell? in the forum The Simple Candlestick Analysis 7 years, 9 months ago
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Morning Star = Bullish DOJI
. Appearance of DOJI after a significant price fall.Evening Star = Bearish DOJI
. Appearance of DOJI after a significant price UP.BUY – after morning star
SELL – after evening star</div>
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