Before the trade begins

what is the information we should look out for before the trade on a particular day. How the international markets are doing, Crude oil, Brokerage house reports and many more. Lets share our experiences.

In the morning session

1.Asian Markets
2.American Markets
3.Crude oil price
4.Nifty Futures on SGX(Singapore Exhange)

In the mid session
1.European Markets

Of course ,apart from Market sentiments.

Feeling like I am reading 'Breathless' of Shankar Mahadevan....

Can you please repost including punctuation marks ? It is very difficult to understand what you are trying to say.

Abhay

My order of study will be
1) Support and Resistence level of NIFTY /Sensex - short term (next 5 days) and intraday. I will also pay attention to the Daily Pivot level
2) Quick look at gain/loss in S&P500/ DOW/ FTSE/ NIKKIE
3) Based on yesterday's action, what is the expectation about the price movement today
4) Based on post market analysis of open positions, what is the plan for today
5) What are the new trades planned for today, based on EOD analysis, technical analysis etc

IMO, there is vast amount of data available to traders specially if you goto intermarket analysis (currency, commodity etc). so one has to take precaution and maintain the focus. Whatever may be the trigger point, NIFTY / SENSEX price levels are the topmost thing that will perform during the day. and that is what I will be buying and selling. Hence without any question, they are on the top of my list. I don't want to figure out 10day SMA level or R2 / S2 level when I am focusing on intraday movement.

Hope this helps.
Happy Trading

the very first thing......
keep ur plans ready in advance....

for me, i will concentrate only on my charts & will place my buy/sell orders depending on the chart patterns.

many plan that ystrday's loss will have 2 b made up 2day @ any cost

Anyone can make this as my sentence too.

Regards,..
Darsh

How true

Inflation is also one factor we have to look for. We dont need to look at inflation numbers everyday, but the day they are released.