Skip to main content

Posts

RSI 9 TRICKS FOR INTRADAY OR POSITIONAL TRADING

RSI 9 TRICKS RSI Range concept : RSI is a powerful indicators for any chart which is based on stock market. Its almost available all the platform and its easy to catch the figure. The range of RSI is 0 to 100 where 50 stands as middle or neutral. This article is for beginner and I will try to explain it simply. Some people indicate that the above 70 area is for bullish trend and below 30 is bearish trend. But my thought is not based on it. Just look at the zig zag level. Where you can findout a trend. We have to find out the top to top hook and it vice verse. Dnt ask why we have to find out. Everyone need the result. But practice to findout the hooks first and use a line to connect them and wait for breakout the line as you can see on the chart. Why different Parameters are use on RSI ? The default value of RSI is 14 which is a standard number as per many analyst. Some analyst use different number as per its output and better chart reading. At first we have to understand the value of t...
Recent posts

BEST FOR INVESTMENT (STOCK MARKET OR MUTUAL FUND)

Mutual Fund A mutual fund is an investment vehicle that pools together the money of many investors and uses it to buy a diversified portfolio of securities, such as stocks, bonds, and other assets. Mutual funds are managed by professional fund managers, who choose the securities in the fund's portfolio and try to maximize returns for investors. Mutual funds offer several benefits for investors. They provide professional management, as the fund manager is responsible for making investment decisions on behalf of the fund's investors. Mutual funds also offer diversification, as they invest in a variety of securities, which can help to spread risk and reduce the impact of any one security's performance on the overall fund. Mutual funds also offer convenience, as you can buy and sell shares in a mutual fund through a broker or financial advisor. There are many different types of mutual funds available, including stock funds, bond funds, money market funds, and balanced funds. Ea...

What is CCI (Commodity Channel Index) on stock market ?

CCI, or Commodity Channel Index , is a technical analysis indicator that is used to determine whether a security is overbought or oversold. It was developed by Donald Lambert and is typically used to identify cyclical turns in commodities, currencies, and other securities. It is commonly used in the stock market, as well as other financial markets such as commodities and currencies. CCI measures the deviation of a security's price from its statistical average. It compares the current price to the average price over a certain period of time, such as 20 or 50 days. If the current price is significantly higher or lower than the average price, it may indicate that the security is overbought or oversold, respectively. CCI is typically plotted as a single line on a chart, with values ranging from -100 to +100 . A value above +100 indicates that the security is overbought, while a value below -100 indicates that it is oversold. Traders and investors may use CCI as a signal to buy or se...

The Powerful Indicator for EVER !!!

The indicator is a very popular indicator by which you can easily take different types of trades. If you follow this indicator well, you will get the best result from it, if you can keep it Properly on your Watch List. I have discussed various techniques of RSI on my YouTube channel and you can watch those videos if you want. Here is a step-by-step how to trade RSI in full detail. If you follow this indicator properly, I would say that you will become an expert in the technical trade of the market because the indicator is applied in all the time frames in all the markets. Here are some simple tricks of RSI that will help you in a very good way like double crossing from where you can get a healthy profit if you can properly identify it.  In the picture below you can see the proper place of the two double line crossings from where the stock moment has changed and a message showing a profit. Every time frame in the stock market is significant and each time frame has a different tradin...

How to open a Brokerage Account Online ???

Opening a brokerage account online is a relatively straightforward process. Here are some general steps you can follow for opening an account: Research and compare different online brokerage firms: Look for firms that offer the types of investment products you're interested in, as well as those that have favorable fees and commissions and no hidden charges. Consult with their customer care for more clear information. Choose a brokerage firm: Once you've found a brokerage firm that meets your needs, you can start the process of opening an account. Gather required documentation: Most brokerage firms will require you to provide personal identification, such as a driver's license or passport, as well as proof of residence. You may also need to provide financial information, such as your employment status and income Complete the online application: Fill out the online application provided by the brokerage firm, including your personal and financial information. Fund your account...

HOW TO CALCULATE HOLDING TIME & TARGET ACCORDING TO THE CHART TIME FRAME

This is for those traders who use technical charts for their trading Which time frame is for how long to hold  !!   Monthly Chart                             : For 6-24 months Weekly Chart                               : For 4-12 Weeks Daily Chart / EOD chart    : For 4-10 days Hourly Chart                          : For 1-3 days 30 mnts chart                       : For same day to 1 day 15 mnts chart                        : For Same Day 5 mnts & 3 mnts chart      : For same day Which time frame is best for which t...

NIFTY VIEW @ 18500 UP OR DOWN (FOR NEXT WEEKS ONLY)

I will show you some basic ideas about nifty for next week. Firstly check out the time frame sheet and its impact time. Daily Chart / EOD chart     : For 4-10 days Hourly Chart                                 : For 1-3 days 30 mnts chart                             : For same day to 1 day 15 mnts chart                              : For Same Day 5 mnts & 3 mnts chart       : For same day Daily chart, Nifty shows some positive trends from here because of zero line reject or ZLR on the woodies formula, as seen in the chart below. This could be for an uptrend on Nifty within 2-3 days. This type of chart always shows a strong uptrend as per the chart. Now nifty index running at the 18500 area. Now the ...

JUBLFOOD @ 528 (IS IT DIVERGENCE PATTERN FOR BUY??)

First look at the chart. Is it showing CCI divergency ??? The answer is YES but its have a twist. Read the chart carefully. This is an one hour chart.  The price action is showing negative trend as per chart mentioned below. CCI Showing positive trend as per chart. That means trending the price is against the CCI trend which is showing positive trend. Our tricks is simple. Where to buy and what will be logic ? Also you can see it can break the line also. So, pre-judgment is not also the best thing for your trading dairy without logic. Now you have to put a line from the top hook to middle top hook. Middle hook stands on the area between the two point of the divergence hook which happened on CCI indicator. Now here is a doubt.  1. Top hook looking extreme and it's ok as per logic.  Middle hook is not extreme like top hook and it's not a hook. It's soft hook as per my point. Hahahaha.... 2. Middle top hook is not able to connect the line with top hook because of it's lazy...