-
subbu 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
It is a good practice to close intraday position on same day since entry decision was already made only by studying market sentiments and not through positional technical analysis. Closing is mandatory only for short position.
-
subbu 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 intraday trade through market sentiments.
-
subbu 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
10:00-11:30 a.m. and 2:00-2:45 p.m.
-
subbu 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
Identify world market scenario and current market trend. Find out the sector which is going with market trend. Finalize a stock in that sector based on change in price and turnover.
-
subbu 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
In intraday analysis market sentiments are factored in. In positional analysis demand and supply is considered.
-
subbu 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
Intraday trades are driven by market sentiment unlike positional trade which is driven by demand and supply.
-
subbu 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
Technical indicators are tools to give buy/sell signal based on algorithms. It supplements other analysis and is for our convenience.
-
subbu replied to the topic What is Moving Average? in the forum Technical Indicators to understand market trend 8 years, 7 months ago
Moving average is a technical indicator which is the average of closing prices for a definitive period. If the current price is above moving average,it represents bullish.If the current price is below moving average,it represents bearish.
-
subbu replied to the topic What is Moving Average? in the forum Technical Indicators to understand market trend 8 years, 7 months ago
Moving average is a technical indicator which is the average of closing prices for a definitive period. If the current price is above moving average,it represents bullish.<span style=”line-height: 1.5;”> </span><span style=”line-height: 1.5;”>If the current price is below moving average,it represents bearish.</span>
-
subbu 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 indicator is a technical indicator to determine whether the stock is overbought or oversold.Buying zone is when RSI crosses 30 mark in uptrend.
-
subbu 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
Fibonacci retracement use horizontal lines drawn at golden ratios in percentage (38.2% and 61.8%) to identify support and resistance.
-
subbu 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 is a special irrational number (0.618 or 1.618) which is obtained by dividing any two successive numbers of fibonacci series(0,1,1,2,3,5..) It occurs in all natural phenomena. Anything that is created by nature tend to follow this ratio. Financial market also follow this.
-
subbu 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
A gap is a difference between a day’s opening price and previous day’s closing price.
-
subbu 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, 7 months ago
Area Gap- Forms inside the trading range. Expected to be filled. If it is not filled,it signifies buyers/sellers are not strong enough.
Breakout Gap- Forms during a breakout from trading range with high volume and may not be filled. It signifies future market direction.
Runaway gap- Formed in the middle of a trend. Signifies that buyers/sellers…[Read more]
-
subbu replied to the topic What do we interpret using GAP ANALYSIS? in the forum GAP Analysis and its interpretations 8 years, 7 months ago
Gap analysis is used to interpret the strength of the market trend.
-
subbu 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, 7 months ago
Gap is named after the range in which it occurs (trading/trending), type of the trend it will set in and trading volume.
Types of gap: Area,breakout,runaway and exhaustion.
-
subbu 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, 7 months ago
Body should cover previous day low.
Body should cover atleast 50% mark of previous day body
Upper tail should not be very high.
-
subbu replied to the topic What is morning and evening STAR? When to buy and Sell? in the forum The Simple Candlestick Analysis 8 years, 7 months ago
Morning star appears after a price fall and indicates the trend reversal to bullish. Evening star after a price rise and indicates trend reversal to bearish.
Buying should be done after a morning star and selling should be done after evening star.
-
subbu 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, 7 months ago
Candlesticks should be used by weekly traders. High volume justifies the analysis results.
-
subbu replied to the topic What is the general forecasting duration using candlestick analysis? in the forum The Simple Candlestick Analysis 8 years, 7 months ago
Forecasting duration is on a weekly trade basis.
- Load More