Help Requested

#1
Hello,
I am new to this amazing platform of Traderji Forums.
I started trading a year ago & didn't have any idea about Indian stock market so took a very big loss. Later I came to know that there are some technical analysis processes which help to predict the price move, targets etc for scrips within intraday span.

Now I urge your help as I have seen to pay money to advisory services goes in vain coz sometimes their tips are hazardous than one can imagine.

Just want to know what are the tools/rules people use to give any tips about intraday targets........what methodology is behind & how can I get that technique to guess & trade properly with profit.

I just only know about PIVOT POINT CALCULATION & thus support & resistance levels. Further whats behind the curtain is still unrevealed.

Any suggestions......guidance will be praise worthy.


Thanks & Regards,
Shareglare
 

jlmalhotra

Active Member
#2
Use strict stoploss for intraday trades and also use a charting software.

Draw lines and you will slowly learn how tips are made .
 
#3
Thanks for the reply.

Will be great full if you suggest any charting software too.

Little light on how to draw lines, read them & understand???


Rgds,
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d_s_ramesh

Well-Known Member
#4
You can use Amibroker or Metastock. Data feeds to the software can be done. Once you have these, you can learn things on your own. Later if you would need any further assistance, there are great people on the forum who can enlighten you more on every aspects.

Read some technical analysis books and you can get more knowledge on trading systems and methods.
 
#7
Thats Fine!!!

Please let me know which version of Meta Stock I should go for??

As Intraday Trader what version will give proper results EOD or Esignals or Pro???

What are the resources to import INDIAN Stocks Data in meta stock??

Rgds,
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d_s_ramesh

Well-Known Member
#8
Intraday charting please take Pro version. EOD data can be got free through Getbhavcopy, but intraday, you need to subscribe for data. Want any help in doing this, PM me. We can set things on your system with EOD data.

For Intraday data vendors like Viratech, finosys or Istock systems may be used.
 
#9
Well I have got metastock pro. But Getbhavcopy 2.1.0 is not downloading the data as It's asking some proxy settings which I am not getting solution for.


Kindly help to get proxy settings so that I may proceed..

Rgds,
Shareglare
 

d_s_ramesh

Well-Known Member
#10
Thanks,
I have sent PM to you, please follow the instructions.