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Vishal Rath replied to the topic What is Moving Average? in the forum Technical Indicators to understand market trend 7 years, 1 month ago
Moving Average(MA) is a technical indicator that smooths the price curve. It is represented by one curve.
Above the MA curve, trend is bullish. Below the MA curve, trend is bearish. If MA is in the middle position then it is sideways trend.
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Vishal Rath 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, 1 month ago
Technical indicator is a mathematical calculation based on previous data (price, volume, etc).
It is different because it uses previous data to plot another curve (in Moving Average) or show a region (in RSI), etc, whereas in other analysis, the trader has to analyse from previous data.
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Vishal Rath replied to the topic What is RSI? How to identify the buying zone? in the forum Technical Indicators to understand market trend 7 years, 1 month ago
RSI (relative strength index) is a technical indicator which is used to chart the market based on recent closing price.
Short position: Sell when price falls below 70% mark. Buy later.
Long position: Buy when price moves above 30% mark. Sell later
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Vishal Rath 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, 1 month ago
We need to close the intraday position because the stock is a momentum stock. The price will fluctuate the next day.
It is not mandatory, but advised.
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Vishal Rath replied to the topic Do global markets impact the intraday price movement? How? in the forum Intraday Analysis for Day Traders 7 years, 1 month ago
Yes, global market has impact on the intraday price movement. In intraday trading, price movement depends on behaviour of traders and many traders check the news, etc and get influenced. So, a momentum stock forms.
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Vishal Rath replied to the topic What is the IDEAL time to trade intraday? in the forum Intraday Analysis for Day Traders 7 years, 1 month ago
Ideal time is 10 a.m. to 11:30 a.m. and 2 p.m. to 2:45 p.m.
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Vishal Rath 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, 1 month ago
Intraday analysis is analysis done within the day on a stock for trading purposes. It is different from Positional analysis because in Intraday there is lot of market swing so selection of stock has different criterias.
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Vishal Rath replied to the topic What is the process of identifying momentum stock in intraday? in the forum Intraday Analysis for Day Traders 7 years, 1 month ago
Process:
1- Check the global market (whether it is positive or not)
2- Check the FII activity (whether it is positive or not)
3- Check Indian market (whether it is positive or not)
4- Check market breadth: Advance/Decline ratio (Price wise- positive or not)
5- Check market breadth: Turnover basis (positive or not)
6- Check the 2 top…[Read more]
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Vishal Rath 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, 1 month ago
Because in Intraday price fluctuates very much, whereas in Positional, fluctuation is not that much.
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Vishal Rath replied to the topic What do we interpret using GAP ANALYSIS? in the forum GAP Analysis and its interpretations 7 years, 1 month ago
We interpret by knowing:
1- Type of gap formed i.e. at which place of trading range.
2- The characteristics of the gap formed.
3- Traded volume of the day.
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Vishal Rath 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, 1 month ago
A gap is named as per its characteristic and occurrence in trading zone.
Four types are: Area gap, Breakout gap, Runaway gap, Exhaustion gap.
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Vishal Rath 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, 1 month ago
Area gap(consolidation): It appears inside trading range. It may be filled in near term. Volume is low or medium.
Breakout gap: It appears when price breakout from the trading range. It may not be filled in near future. Volume is high.
Runaway gap: It appears after the breakout of trading range has happened. It may not be filled in near future.…[Read more]
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Vishal Rath replied to the topic What is called as GAP in technical analysis? in the forum GAP Analysis and its interpretations 7 years, 1 month ago
A GAP is visible price difference between the previous day highest/lowest price with the current day lowest or highest price.
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Vishal Rath 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, 1 month ago
Hammer is a candlestick pattern in which the open and close price are near to highest price. The bottom tail is longer.
Long position: Buy when price is more than previous top, sell at exit price.
Hanging man is a candlestick pattern in which the open and close price are near to lowest price or highest price. It is filled with dark colour which…[Read more]
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Vishal Rath 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, 1 month ago
Piercing pattern is a type of candlestick pattern.
Conditions: The recent candlestick should cover at least half of previous candlestick. The upper tail of recent candlestick should be small in size.
Buy when price is more than 2nd previous day highest. Sell after it reaches exit price.
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Vishal Rath 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 7 years, 1 month ago
Candlestick analysis should be used by those who trade daily.
Volume helps to indicate the market direction.
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Vishal Rath replied to the topic What is Candle stick analysis? Its evaluation and it real time application? in the forum The Simple Candlestick Analysis 7 years, 1 month ago
Candlestick analysis is the analysis done by using the candlestick pattern over a short period of time.
A candlestick denotes 4 prices: Lowest price, Highest price, Open price, Close price.
It helps detect the price movement.
Various patterns are shown in picture below.
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Vishal Rath replied to the topic What is the general forecasting duration using candlestick analysis? in the forum The Simple Candlestick Analysis 7 years, 1 month ago
General forecasting duration using candlestick analysis is 1 day – 1 week.
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Vishal Rath replied to the topic What is morning and evening STAR? When to buy and Sell? in the forum The Simple Candlestick Analysis 7 years, 1 month ago
Morning star: When DOJI is below the previous candlestick.
Long position; Buy when price is greater than DOJI’s highest price. Then sell at exit price.
Evening star: When DOJI is above the previous candlestick.
Short position; Sell when price is lower than DOJI’s lowest price. Then buy later.
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Vishal Rath replied to the topic What is DOJI? How to make use of DOJI? in the forum The Simple Candlestick Analysis 7 years, 1 month ago
DOJI is a type of candlestick in which the open and close price are same or nearly same.
DOJI helps to know about price direction and who are more powerful buyers or sellers. Also, tells about morning star and evening star positions.
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