NIFTY 50 : Since 90s
There are three important things on this chart.
1. Pullback Buying opportunities
1. After every breakout market pullback to the breakout level to retest and that provides an excellent opportunity to invest. Historically, buying at panic bottoms have...
Don't push your self very hard to master the Technical analysis. it's a useful tool but not a parameter for success in Trading. Simple DC,MA or Supertrend is enough for Trader to make money, provided his/her Trading Psychology, implementation & Execution skills are 100% strong.
Stock Trading is not a casino. This is a place where each hard work is getting rewarded sooner or later. Speculation requires a lot of efforts than any other business. It’s not the place for lazy n people full of excuses. Luck support only those who dedicated themselves to market
Sites that are use full for screening:
The above sites are more than enough which is user friendly as well.
About time frame:
1) The best time frame is daily...
What is a trade scanner?
A scanner is nothing but a set of buy/sell rules which a trader defines after he/she manually back-test his/her ideas on charts. It is a method to translate your trading ideas into a rule so that you dont need to manually scan in future
There is nothing magical in it...
One of the basic theory behind gap days.
When underlying gives gap up above yesterday's range and sustains above that for one hour+ means market participants has accepted the new range and are willing to buy at higher price. So fresh buying and short covering are likely.
If price opens gap up...
WHERE TO PUT THE SL-
1. NEAREST PIVOT/SWING POINTS-
Normally I use this method for placing sl, In this method we use swing point for placing the SL.
As normally the stock would not try to go below previous swing point if it is to go in our direction.
2. ATR method-
Sometimes the Stock do not...