@srinivasgupta
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Srinivas gupta started the topic APOLLO HOSPITALS-DOUBLE TOP-BEARISH in the forum Double Bottom / Double Top 7 years, 10 months ago
Symbol:APOLLOHOSP(APOLLO HOSPITALS ENTERPERISE Ltd.)
Entry level:short at -1432.3
Target-1365.6
Stoploss-1499.0
Total risk taken-66.7
First top appeared on 1.2.2016 and next at 2.3.2016.one month duration between two.
High volume appeared at breakout i.e below neckline as mentioned in image.
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Srinivas gupta started the topic ICICI BANK -DOUBLE BOTTOM in the forum Double Bottom / Double Top 7 years, 10 months ago
Symbol:ICICI BANK
Direction:Long
Entry-level:232.2
Stop loss:220.3
Target:244.2
Pattern recognised from 7-4-16 to 20-5-16(more than one month to form)
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Srinivas gupta started the topic Aurobinda pharma – July – Bullish above 710 in the forum Dow Theory – Old but a Golden Concept 7 years, 10 months ago
Symbol:Auropharma
Dircetion:Bullish
Entry level:710
Target(Exit):820
Stoploss:600
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Srinivas gupta started the topic Tata motors-Bullish above 420-Stoploss 380 in the forum Dow Theory – Old but a Golden Concept 7 years, 10 months ago
Symbol:Tata motors
BULLISH
Above-420.
Target-460.
Stoploss-380.
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Srinivas gupta 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, 10 months ago
- In fibonacci retracement a horizontal line of 38% is used as support and 62% as resistance.
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Srinivas gupta replied to the topic What is the logic behind golden Mean – Fibonacci Series? in the forum Technical Indicators to understand market trend 7 years, 10 months ago
- The bounce back in the value of shares is taken as 61.8%.For example if we drop a ball it bounce back but not upto equal height.same if a stock rally takes place upto 100 the fall in price would be 61.8.It considered as golden mean.
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Srinivas gupta replied to the topic Do global markets impact the intraday price movement? How? in the forum Intraday Analysis for Day Traders 7 years, 10 months ago
- Yes.Global markets impact the price moment in intraday analysis. Europeon markets and other us markets majorly effects the stock price in intraday buying and selling.
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Srinivas gupta replied to the topic What is the process of identifying momentum stock in intraday? in the forum Intraday Analysis for Day Traders 7 years, 10 months ago
MARKET DIRECTION:
- Global markets-negative /positive to be considered.
- FII activities-recent performance.
- Nifty 50 trend to be considered.
- Market breadth-Advance decline ratio.
- Market breadth-turnover basis.
INDEX CONTRIBUTION:
- Two underperforming stocks from list of stocks.
STOCK SELECTION:
- Percentage wise last four companies…
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Srinivas gupta 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, 10 months ago
- Intraday analysis is based on market direction,sector contribution,stock selection.Global markets,index contribution,stock turnover many other factors are taken into account to buy and sell the stock.
- In case of positional analysis line charys,candelistic and moving averages many other patterns are used.
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Srinivas gupta replied to the topic What is the IDEAL time to trade intraday? in the forum Intraday Analysis for Day Traders 7 years, 10 months ago
GOOD TIME TO INTRADAY:
Morning-10:00-11:30
Afternoon-1:45-2:45
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Srinivas gupta 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, 10 months ago
- Yes intraday position should be squareoff in the same day.
- Wheather it is a long or short position it should be square off in same day and delivery is not taken in this intraday.only setoff of accountq takes place.
- All this are mandatory by the SEBI.
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Srinivas gupta 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, 10 months ago
- In positional analytical methods all the trends require time to appear. This methods can not be used to intraday.
- In intraday the share pricr get effected by many factors like news,overall market strength or weakness,FDI investment and sector news also.
- All this factors to be considered along with global factors also so does not use…
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Srinivas gupta replied to the topic What is RSI? How to identify the buying zone? in the forum Technical Indicators to understand market trend 7 years, 10 months ago
- RSI means relative strength index. Open charts and apply RSI at lower bottom it appears with highest and lowest point.
- After meeting the lowest point and it rebounds shows that the sellers are out of market and buying pressure starts it is a point when to buy the stock.
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Srinivas gupta replied to the topic What is RSI? How to identify the buying zone? in the forum Technical Indicators to understand market trend 7 years, 10 months ago
- RSI means relative strength index. Open charts and apply RSI at lower bottom it appears with highest and lowest point.
- After meeting the lowest point and it rebounds shows that the sellers are out pf market and buying pressure starts it is a point when to buy the stock.
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Srinivas gupta 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, 10 months ago
- Moving average and relative strength index are called techincal indicators.
- It tells us above the bullish or bearish. while price patterns or dow theory tells about trend by using this indicators we can tell whether the trend is correct or not.
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Srinivas gupta replied to the topic What is Moving Average? in the forum Technical Indicators to understand market trend 7 years, 10 months ago
- 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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Srinivas gupta replied to the topic What is morning and evening STAR? When to buy and Sell? in the forum The Simple Candlestick Analysis 7 years, 10 months ago
- After recent fall in prices a doji appears called as morning star.As morning star gives the brightness after this doji the prices are to be increased.Long to be created at the highest point with stoploss of lowest point.
- After the raise in prices appears a evening star.As it gives darkness the prices are expected to be fall.The short…
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Srinivas gupta 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, 10 months ago
AREA GAP:
- Gap is identified during the non trending area.It does not have much impact.
- It has both buyers and sellers impact in non trending area.so outbreak of it leads to new trend.It is expected that this gap is easily filled and does not have any impact on trend.
BREAK-OUT GAP:
- At the end of nontrending area a sudden gap between in…
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Srinivas gupta 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, 10 months ago
- By following some conditions we can name the gap formed.It is visible at candlestic pattern only.
- Four types of gaps are Area gap. Breakout gap. Run away gap. Exhaustion gap.
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Srinivas gupta replied to the topic What is called as GAP in technical analysis? in the forum GAP Analysis and its interpretations 7 years, 10 months ago
- It is the empty space formed between the trend.That is the sudden jump of the prices from one point to another point.
- When there is difference between closing of today price and opening of tommorrow price then a gap is formed.
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