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Ubeidulla replied to the topic What is the process of identifying momentum stock in intraday? in the forum Intraday Analysis for Day Traders 7 years, 8 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] -
Ubeidulla 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, 8 months ago
INTRADAY Analysis means analysing the market on which stock is going to be bullish /bearish and then buying and selling of shares within the same day of trading period for profit making where as in Positional Analysis trading the stocks bought will be hold on for some period ,if the stock is moving on well it will be hold on still or else it will…[Read more]
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Ubeidulla replied to the topic Do global markets impact the intraday price movement? How? in the forum Intraday Analysis for Day Traders 7 years, 8 months ago
Global market has an impact on the intra-day price movement.. It is because, the companies listed in stock market are listed also in Global markets.. The Asian market affects the opening price.. And the European market affects the closing price
1. Over night information and trading behavior.
2. At the opening till – 11.30 Asian market will i…[Read more]
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Ubeidulla 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, 8 months ago
positional analytical methods are not followed in intraday analysis because the positional analysis uses the precious risk an return to analyse the future ,The intraday analysis has risk,but here in intraday analysis the prediction of risk and return is hard,so we have to move along the market for that particular date of analysis and create either…[Read more]
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Ubeidulla 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, 8 months ago
There is no rule to exit the position as such within a day
We decide to trade within a day because we expect short term returns.
Only in a spot market if we take a short position, it is advised to buy back the stocks before the end of the day in order to avoid penalties by SEBI.
If we don’t buy back the exchange buys the stock in an auction m…[Read more]
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Ubeidulla replied to the topic What is the IDEAL time to trade intraday? in the forum Intraday Analysis for Day Traders 7 years, 8 months ago
Ideal time to trade for intraday is after 10AM and have to end before 3PM. Since the market volatility will be high during open and just before the close due to various factors eg: Squaring off their positions.
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Ubeidulla 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, 8 months ago
fibonacci retracement is the term used in technical analysis that refers to the area of support (price stops going lower) and resistance (price stops going higher)
Fibonacci retracements use horizontal lines to indicate areas of support or resistance at the key Fibonacci levels before it continues in the original direction. These levels are…[Read more]
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Ubeidulla replied to the topic What is the logic behind golden Mean – Fibonacci Series? in the forum Technical Indicators to understand market trend 7 years, 8 months ago
Fibonacci analysis is based on the Fibanacci series ( 0 1 1 2 3 5 8 13 21 34 55 89 144 233 377 610 987 1597…..) which is obtained by adding the two preceding numbers was developed by an Italian Mathematician Leonardo Fibanacci. Fibanacci numbers when divided by its predecessor gives a “Golden Ratio ” of 1.618 which is found in various eleme…[Read more]
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Ubeidulla replied to the topic What is RSI? How to identify the buying zone? in the forum Technical Indicators to understand market trend 7 years, 8 months ago
RSI: The relative strength index (RSI) is a technical momentum indicator that compares the magnitude of recent gains to recent losses in an attempt to determine overbought and oversold conditions of an stock.
It exceptionally works in the sideways movement / non-trending area.
Guidelines:
The RSI time period is normally 14 days. The RSI is…[Read more]
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Ubeidulla replied to the topic What is Moving Average? in the forum Technical Indicators to understand market trend 7 years, 8 months ago
Moving Average is a technical indicator used to help in analyzing stocks and forecast their trend.
Moving Average is the averages of all the prices in a particular term. If we draw an ‘average’ line, it would follow the price line but would be a much smoother curve. With this ‘average’ line we can come to some conclusions.
If the price line (s…[Read more]
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Ubeidulla 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, 8 months ago
Indicators can help in identifying Trends and their turning points.They can provide a deeper insight into the balance pf power between Bulls and Bears.
Indicators are more objective than chart patterns.
Indicators can be further divided into Two Groups
Trend -following indicators– Moving averages,MACD, OBV,etc
Oscillators-Stochastics, ROC, R…[Read more]
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Ubeidulla 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, 8 months ago
Area gap :
Appears inside trading range
Gap may be filled in near term
Volume during the gap day is lowBreakout gap
Appears at the end of consolidation pattern when the price gives breakout from its trading range
Gap may not be filled in near term
Volume during gap day should be high
Good sign that a new trend has startedRunaway gap
Found in…[Read more] -
Ubeidulla 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, 8 months ago
Gaps are named depending on where they appear in the trending range or non trending range
There are 4 types of Gaps
1.Area gap
Area gap will appear inside the trading rangeArea gap may be filled in near termThe volume during the gap day is generally low
2. Breakout gapBreakout gap appear only when price give breakout from its trading…[Read more]
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Ubeidulla replied to the topic What do we interpret using GAP ANALYSIS? in the forum GAP Analysis and its interpretations 7 years, 8 months ago
GAP Analysis indicated the strength of the trend.
If earnings are higher than expected, the investors may place order for the next day. This could result in price opening higher that the previous day’s closure.
If the trading continues on that day above that point, a GAP will exist. It offers evidence that something important has happened w…[Read more]
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EQSIS and Ubeidulla are now friends 7 years, 8 months ago
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Ubeidulla replied to the topic What is called as GAP in technical analysis? in the forum GAP Analysis and its interpretations 7 years, 8 months ago
In a daily candle stick pattern when there is a significant difference between the close of the previous day and the open of the next day, the difference is termed as a gap. Gaps are differentiated based on if they occur in a trending or a non trending pattern and also if it is filled or not.
Consolidation gap occurs in a non trending pattern…[Read more]
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Ubeidulla 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 7 years, 8 months ago
Piercing pattern:
Bullish:Reversal pattern after a recent price fall. The price opens low and manage to move the previous day body and the upper tail should be small. Slight volume difference is expected.
Buy: When it crosses previous high and stop loss will be the days low. Reward will be the amount of risk taken.
Bearish:Reversal pattern after a…[Read more] -
Ubeidulla 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 7 years, 8 months ago
If the today’s body of candle sticks chart covers 50% mark of the previous body is called Piercing pattern.
CONDITIONS TO QUALIFY.
Today’s body should cover the previous day LOW.And the today’s body should cover at-least 50% mark of Previous day body.Volume may increase.Appears rarely, indication of trend reversal.
If the Green body of today…[Read more] -
Ubeidulla 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, 8 months ago
Hammer/hanging man – it is a reliable and powerful pattern.
Hammer Conditions:
1.it appears after a significant price fall,
2.lower tail should be minimum of two times of it’s body’s size while upper tail is very small or no upper tail.
3. Body should be bullish with high volume for long position.
Hanging man:
1. it appears after a signi…[Read more]
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Ubeidulla replied to the topic What is morning and evening STAR? When to buy and Sell? in the forum The Simple Candlestick Analysis 7 years, 8 months ago
Morning star:
Appearance of doji after significant price fall, it is bullish.
volume is high with positive price movement.Long position can be created.
Evening star:
Appearance of doji after significant price rise, it is bearish.
it has negative price movement. short position can be created.
Buy- during morning doji.
Sell- during evening doji.
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