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shalini 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, 2 months ago
Intraday analysis is done to identify the stocks that can be traded on the same day to make profit. it is based on market sentiment, ie.,market direction, sector contribution and selecting the stock which is trading with high volume. this analysis follows top down approach in selecting the stocks to be traded.
In positional analysis, the stock…[Read more]
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shalini replied to the topic What is the IDEAL time to trade intraday? in the forum Intraday Analysis for Day Traders 8 years, 2 months ago
the ideal time to trade intraday is between 10 am to 11.30am and 2pm to 2.45pm.
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shalini 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, 2 months ago
Fibonacci retracement ratios used by technical analysts are 23.6%, 38.2%, 50%, 61.8%, 100%. a stocks trend tends to retrace a prior trend once its price hits one of the key fibonacci ratios. we can use this analysis to determine the best time to buy or sell.
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shalini replied to the topic What is RSI? How to identify the buying zone? in the forum Technical Indicators to understand market trend 8 years, 2 months ago
RSI is relative strength index and is a non-trending indicator which works during sideways movement. It identifies the overbought and oversold stocks. it is usually for 2 weeks and measured on a scale of 0 to 100 with >70 meaning overbought and <30 signifiying undersold.
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shalini replied to the topic What is Moving Average? in the forum Technical Indicators to understand market trend 8 years, 2 months ago
moving average is a technical indicator which shows the trend movement as a line in a line chart. it is the line showing average price movement. generallly, 21 days line charts are taken for the calculation of moving average. it works like a magnet. when the price moves above the moving average, the trend is bullish and when it moves below the…[Read more]
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shalini 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, 2 months ago
Technical indicator is a result of mathematical calculations based on indications of price and or volume. we can use technical indicators as an additional tool alongwith other technical analysis to confirm the price movement.
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shalini replied to the topic What is the logic behind golden Mean – Fibonacci Series? in the forum Technical Indicators to understand market trend 8 years, 2 months ago
Fibonacci series is the sequence of numbers in which each number is the sum of the previous 2 numbers in the sequence. the sequence is
1,1,2,3,5,8,13,21,34,55,89,144,233…..
the golden mean is the ratio of 2 such consequtive numbers which is 1.618 which remains the same in the entire sequence.
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shalini 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, 2 months ago
area gap:
appear inside the trading range
appear inside non-trending area
gap may be filled in near term
volume during the gap day is generally low
breakout gap:
appear only when price breaks away from its trading range
appears during the beginning of a new trend
volume during the gap day should be high
this gap may not be filled in n…[Read more]
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shalini replied to the topic What do we interpret using GAP ANALYSIS? in the forum GAP Analysis and its interpretations 8 years, 2 months ago
appearance of gap shows a sign of strength. it helps us to locate the phase of trend.
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shalini 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, 2 months ago
gaps are named depending on where they appear, in the trending area or non trending area. the four types of gap are:
area gap
breakout gap
runaway gap
exhaustion gap
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shalini replied to the topic What is called as GAP in technical analysis? in the forum GAP Analysis and its interpretations 8 years, 2 months ago
Gap appears due to difference in the trading range. a gap indicates strength.
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shalini replied to the topic What is morning and evening STAR? When to buy and Sell? in the forum The Simple Candlestick Analysis 8 years, 2 months ago
morning star is bullish DOJI.Will appear after a significant downtrend. long position to be created.
evening star is bearish DOJI. Will appear after a significant uptrend. short position is to be created.
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shalini 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
hammer indicates bullish trend reversal
reliable and very powerful when accompanied by high volumes
should appear after a significant price fall
hammer should be green in colour.
the lower tail should be min two times of its body size
the upper tail should be invisible or very small in size
volume should be high during hammer day.
long p…[Read more]
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shalini replied to the topic What is DOJI? How to make use of DOJI? in the forum The Simple Candlestick Analysis 8 years, 3 months ago
Doji means neutral where the opening and closing price is the same.
good doji appears rarely but is very powerful.
appearance of doji after a significant fall.
doji with high volume indicates trend reversal.
doji followed by a sideways movement does not indicate anything and should be ignored.
long position to be considered when the price…[Read more]
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shalini replied to the topic What is piercing pattern? What are its conditions to qualify? When to buy and Sell? in the forum The Simple Candlestick Analysis 8 years, 3 months ago
This appears rarely and indicates trend reversal.
the body should cover the previous days low.
todays bullish body should cover atleast 50% mark of previous body which shows significant recovery.
the upper tail should not be very big.
buy when the price rises above the highest point of last 2 days.
stop loss when price goes lower then the l…[Read more]
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shalini replied to the topic What is Engulfing pattern? What are its conditions to qualify? When to buy and Sell? in the forum The Simple Candlestick Analysis 8 years, 3 months ago
enfulfing pattern:
Bullish: it is a reversal pattern after a recent price fall. The latest bullish body should cover the previous days bear body.increase in volume is expected.
buy when the price goes above the previous high and sell when it goes below the previous low.
Bearish: it is a reversal pattern after a recent increase in price.the l…[Read more]
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shalini replied to the topic Who should use candle stick analysis? What is the role of volume in candlestick analysis? in the forum The Simple Candlestick Analysis 8 years, 5 months ago
Weekly traders should use candlestick analysis. High volume indicates possible trend reversal.
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shalini replied to the topic What is the general forecasting duration using candlestick analysis? in the forum The Simple Candlestick Analysis 8 years, 5 months ago
Generally a weeks time
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shalini replied to the topic What is Candle stick analysis? Its evaluation and it real time application? in the forum The Simple Candlestick Analysis 8 years, 5 months ago
Candlestick analysis is a form of technical analysis where chart formulations using candlestick patterns allow an investor to evaluate when it is time to buy, time to hold and time to sell. Evaluation using candlestick is more effective topredict for a short term like a weeks time.
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shalini replied to the topic What is Double BOTTOM? What are their conditions to determine the bullish trend? in the forum Price Patterns and its characteristics 8 years, 7 months ago
Double bottom helps us to derive demand supply position by following Dow theory.
conditions to determine bullish trend are
two equivalent bottoms
volume at the second bottom should be high
duration between the two bottoms should be 20 days
long position can be considered above previous high
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