Intraday trading is different from positional trading and it is done by doing top down approach in few minutes. Intrady trading should be done between 10 to 11 and 2 to 2.45, as international traders prefer this time.
Firstly you have to decide overall international and local market trend. Find out what FII have done in last few days. Whether this supports your analysis. Find out the advance decline ratio of the market.
Secondly choose the sectors which has the maximum co relation with the market trend. Find out the advance decline ratio of the sector to confirm the trend of the sector today.
Thirdly find out two to three stocks in the sectors which are having maximum co relation with the sector and market. Find out the volume rise also in these stocks. Confirm, whether the circuit limit is away from your target level.Entry only after stock breaks the high, for long positions and break of the low in short position.. Recent swing as the stop and the profit is minimum equivalent to risk taken. Follow strict money management rule.. Do not over trade and trade only with knowledge and discipline.
Top down Approach for Intraday Trading
feel free to call us +919500077790 info@eqsis.com
0 Comments
Stock Analysis
M | T | W | T | F | S | S |
---|---|---|---|---|---|---|
1 | 2 | 3 | 4 | 5 | 6 | 7 |
8 | 9 | 10 | 11 | 12 | 13 | 14 |
15 | 16 | 17 | 18 | 19 | 20 | 21 |
22 | 23 | 24 | 25 | 26 | 27 | 28 |
29 | 30 |
Bullish View
Bearish View
- Bearish-GAP-SHORT-BICON-25-10-2019 October 25, 2019
- FEDERAL BANK – BEARISH ENGULFING October 17, 2019
- Cummins India – Bearish Engulfing – 24Sep19 September 25, 2019
- Day29-Tata Motors DVR – Bearish Piercing – 12Sep19 September 12, 2019
- Day27-Bearish-Engulfing pattern-Tech Mahindtra-09Sep19 September 10, 2019
How this forum help stock traders?
Stock Trading is business, the success depends not just on capital or subscribing advisory services or participating workshops. The factors such as your awareness level about business, Efforts and your contributions, Smartness, Knowledge in analysis and trading instrument, availability of infrastructure and emotional control determine your success.