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Sakunthala started the topic Tata Motors – Bearish – Inverted Head and Shoulder Entry:519,sl:521,Target:517. in the forum Head and Shoulder 8 years, 6 months ago
As per the attached chart, Inverted head is formed with highest of the price and two shoulders(L&R) with the duration of approx 1 month each. High volume seen at left shoulder and head and low volume at right shoulder.
Entry:519
Sl:521
Target:517
Duration:Aug-25 to Nov-17
Short position can be considered below the Neckine 532. -
Sakunthala started the topic SBIN-DOUBLE BOTTOM – BULLISH – ENTRY 315,SL:303,TARGET:327 in the forum Double Bottom / Double Top 8 years, 6 months ago
Two equivalent bottom formed at A(15th Dec) and B(5th Jan) with significant volume at Point C(12th Jan), the duration between A and B is approx 20 day and qualifies for double bottom. Trade Plan: Direction: Bullish, Position: Long.
ENTRY:315
SL:303
TARGET – 327
LONG POSITION CAN BE (C) CONSIDERED ABOVE 315 -
Hemanth Kumar and Sakunthala are now friends 8 years, 6 months ago
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Arulmozhi and Sakunthala are now friends 8 years, 6 months ago
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Balaji and Sakunthala are now friends 8 years, 6 months ago
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Sakunthala started the topic SBIN – Bullish – Entry 263,SL -236 Target:321 in the forum Dow Theory – Old but a Golden Concept 8 years, 6 months ago
BULLISH:
HB-HT sequence formed with significant increase in volume(20-oCT), Long position can be created after 263.
Trade plan:Long, Entry above:263 SL:236.Target:321 -
Sakunthala replied to the topic in the forum Sakunthala 8 years, 7 months ago
Buying and selling happens within the day using Top Down approach.
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Sakunthala 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, 7 months ago
Positional analytical methods are not followed because of time duration, the data to verify and characteristic of the previous data. Intraday analysis happens in short duration or within the day and it depends on the market direction and sentiment.
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Sakunthala 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, 7 months ago
Intraday is the analysis where the Top down approach is done, using market direction,sector contribution,index contribution are validated where the stocks are traded with the day.
Positional:The position focus to analysis the characteristic of the stock for more than a day.
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Sakunthala replied to the topic What is the process of identifying momentum stock in intraday? in the forum Intraday Analysis for Day Traders 8 years, 7 months ago
Momentum stock in Intraday:
Market Direction:Need to check the world market,European whether positive or negative.
Sector contribution: Index wise analysis,Pick the best performance of the day.
Stock selection:List the stock per ranks and turnover wise.Pick the stock which is common between list of 5.
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Sakunthala replied to the topic What is the IDEAL time to trade intraday? in the forum Intraday Analysis for Day Traders 8 years, 7 months ago
The ideal time to trade is 10 a.m to 2:45 p.m
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Sakunthala replied to the topic Do global markets impact the intraday price movement? How? in the forum Intraday Analysis for Day Traders 8 years, 7 months ago
Yes,Global markets impact the intraday price movements by their sentiments and economic changes.
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Sakunthala replied to the topic Do global markets impact the intraday price movement? How? in the forum Intraday Analysis for Day Traders 8 years, 7 months ago
Yes,Global markes impact the intraday price movements by their sentiments and economic changes.
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Sakunthala 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, 7 months ago
Intraday (within the day) Any buying and selling should happen on the same day.It is mandatory to close the short position on the same day.
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Sakunthala replied to the topic What is the logic behind golden Mean – Fibonacci Series? in the forum Technical Indicators to understand market trend 8 years, 7 months ago
Golden Mean:It is the sum of two previous numbers in the sequence. e.g:0,1,1,2,3,5,8,13,21,34,55,89 will get ratio by dividing the number with the previous one eg:89/55=1.618%.
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Sakunthala 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, 7 months ago
It is the horizontal lines with ratio of 38% and 62% used to identify support and resistance.
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Sakunthala replied to the topic What is RSI? How to identify the buying zone? in the forum Technical Indicators to understand market trend 8 years, 7 months ago
Relative strength index in the technical indicators, helps to identify overbought and oversold stokc.It works in non-trending zone or sideways.
If the RSI is more than 70 then it is over bought zone and it crossed less than 30 it indicates weakness and can buy now.
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Sakunthala replied to the topic What is Moving Average? in the forum Technical Indicators to understand market trend 8 years, 7 months ago
It is the technical indicators, which works as Magnet(equilibrium) .It is calculated with short term periods.It happens in trending period, when the current stock is above moving average it is bullish.
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Sakunthala 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, 7 months ago
It is a algorithmic indicators which derives from past price movements.
It differs from other analysis, as it does not require any fundamental study to apply and also called ready made analysis.
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Sakunthala replied to the topic What is called as GAP in technical analysis? in the forum GAP Analysis and its interpretations 8 years, 7 months ago
Gap in technical analysis,It is the gap between trading days difference of the last two days price.
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