Category: Technical Analysis

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Technical Analysis

Best Volume Indicator for Intraday Trading

Best Volume Indicator

Day trading involves study of charts and taking decisions based on patterns and indicators. A particular decision either to short sell or to buy a stock at a particular time in stock market should be taken after a careful study of charts patterns and indicators.

These patterns on the charts and technical indicators can give you information that can help to predict future movement of the stock to make money in stock market doing intraday trading.

We can categories these technical indicators in to four different types viz

  1. Trend Indicator : This indicator indicates the direction the stock in nse market i.e stock is moving up or down.
  2. Momentum Indicator : This indicator will guide you how strong the current trend is and also if a trend reversal is going to occur or not after some time.
  3. Volume Indicator : volume of the trade gives an indication of how strong the move. Any dip in the volume may be a sign of trend reversal and vice versa.
  4. Volatility Indicator : Volatility Indicator is a very important part of the market., This indicator shows how the price is changing in a given period.

Best Technical Indicator for Day Trading – RSI Indicator

As per our 15 years of experience in share market and knowledge we think that the relative strength index (RSI), is one of the most popular and the best technical indicators in Stock Market that help day traders to make money. Day trader can really make money in 70-80% of the trades and avoid losses, if they follows only RSI indicator. They should check the RSI Figures and then put there buy or short sell orders in day trading in nse share market.

The relative strength index (RSI) is a momentum indicator that measures the magnitude of recent changes in the stock prices of a particular stock to evaluate whether stock is overbought or it is in oversold zone. RSI is computed on the basis of the speed and direction of a price movement either upward or downward of a particular stock in NSE share market.

The RSI is displayed as an oscillator that has a reading from 0 to 100. The indicator was originally developed by J. Welles Wilder Jr.in his book.

RSI Indicator varies between zero and 100, it gives overbought signal when it is above 70 and shows the stock is oversold when it is below 30.

If RSI is above 70, the stock is overbought so we can predict that the there is an chance that the stock will move down, so trader can short sell the stock at those levels and buy later to make intraday gains. Also if RSI is below 30, shows that stock has come in oversold levels, and you can buy the stock predicting a uptrend in the stock at that level.

The RSI is one of the most popular and widely used technical indicators that provides us with many ways to generate buy and sell signals in the nse stock market. If use with a any other indicator or combination of indicators, you as a day trader will surely be able to predict accurate movement and make lot of money in stock market with ease.

If you are looking for the best intraday trading tips A1 Intraday Tips will help you to gain maximum profit with minimum risk by providing the free intraday tips. For Free Trial you can register here to avail our Free Intraday Tips for 2 days. You can also download A1 Intraday Tips mobile app here. For more information call us at 07506090788 / 07600797534.

Also Read:

Who is the best Intraday Tips Provider for Equity Daily?

 

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intraday trading Technical Analysis

Choosing the Best Time Frame Chart for Intraday Trading

Time Frame Chart Intraday Trading

Time Frame Chart for Intraday Trading

Trading Charts are usually found on a wide range of time spans, including time, exchanges, volume, and value ranges. With an endless number of decisions, picking the best time frame along with Intraday Trading Tips for a specific Trading framework or trading style can appear like an overwhelming assignment, yet if you are trading effectively, it is an extremely straightforward undertaking.

  1. Intraday Chart

This diagram is utilized to plot developments of cost in the midst of a Trading session. Intraday graphs with Intraday Tips give you a point-by-point picture for the day’s advancement. It would involve the extensive number of data centers between a market opening and closing.

These diagrams can be used to see a lone day’s advancement from session opening to closing or various days’ intraday improvement from opening to closing. Dependent upon your Trading style and slant, you can have outlines as low as tick charts, which is a graph that plots esteem each second. You can likewise search for Free Intraday Trading Tips for better outcomes.

  1. Daily Chart

A day addresses an aggregate cycle of events in our lives fitting from day break to sunset. We get up every morning, play out our commitments in the midst of the day and leave from each one of the errands in the night and the cycle continues ahead.

Most market observers including real specialists, budgetary media etc check costs on a regular commence. So you can kick back and take a sensible decision without worrying for taking after esteem change every minute. You can focus on every day graphs in setting with NSE Trading Tips that encourages you keep up a vital separation from two biggest mistakes a run of the mill vendor does i.e. overtrading and overanalyzing.

In fact, even the NAV of a typical store is figured on a regular preface. Rationally, ordinary esteem developments are what impact the most to anyone in the cash related markets.

  1. Weekly Chart

These charts plot an entire week’s value information, and it is helpful in Intraday Tips for Tomorrow. Therefore, a week-by-week light opening cost would be Monday’s open, and close would be Friday’s end level. The most noteworthy and least that the stock or file may have gone amid the entire week will turn into the high and low for the weekly light.

  1. Monthly Chart

These charts are made using the similar rule that is used for readiness of weekly charts. Financial specialists also suggest checking Intraday Tips for Today to make your trading a fruitful journey. The opening cost of the primary Trading day of months open is considered as the opening level for a month.  Also, the last Trading day’s nearby is considered as shutting level for the month.

Conclusion

Check for the best section opportunity on intraday charts and after that at long last put in a request with your dealer, will’s identity anxious to purchase at the market rate yet you would remain firm with your value levels and not get impacted with the sweet talks.

Also Read – 5 Best Mobile Apps for Intraday Trading Tips

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Share Market Tips Technical Analysis

Best Technical Analysis Tools for Share Market

Best Technical Analysis Tools

Stock trading is certainly a matter of pure calculation. Everything depends on numbers and your experience also counts here. But, when it comes to taking decisions in this field, numbers are the most valuable aspect that one should take into consideration. This is the reason why technical analysis tools for stock market trading are so much in demand.

These tools help in understanding and predicting the price movements of any stock. There are countless technical analysis tools available in the web world, and all of them claim to be the best in the business. Quite obviously, not all of them are telling the truth.

Check Some Technical Analysis Tools for Stock Trading

So, the question is- how to find out the best options in this regard? Well, you need not have to toil in order to figure them out, because below are the details. We have mentioned some of the best technical analysis tools that you can consider for stock trading.

Simple Moving Average

Simple Moving Average

In short SMA, this tool provides you the daily mean value of any stock in the last N number of days. You can choose to directly view the average value during the last 20, 50, and 200 days. So, it becomes easier for the traders know how the stocks of any particular company are performing. This tool is basically used for providing support as well as resistance areas. In addition, the crosses are considered as the signals for buying and selling the stocks. Thus, Simple Moving Average can be really useful.

Moving Average Convergence/Divergence

Moving Average Convergence Divergence

Also known as MACD, this analysis tool is quite similar to that of SMA. However, the basis of calculation used by this tool is somewhat different. The indicators provided by MACD are quite versatile in nature, and you can consider them as nearly signal as well.

Relative Strength Index

Relative Strength Index

If you are good with calculations, this tool can be really useful for you. RSI is certainly a bit tricky in the area of mathematics, but the results generated by this tool are quite impressive. This tool makes a comparison between profits and losses, and on the basis of it, the tool comes up with charts that can be used for making decisions. When it comes to figuring out the intensity of a move, then RSI seems like a much better tool in the market. The most common duration considered by this tool is 14-days.

On Balance Volume

On Balance Volume

This is an indicator which is utilized for measuring the upward and downward flow of any stock’s volume, in regard to its value or price. This tool is quite simple in nature, and it maintains a cumulative total of stock’s volume by adding/subtracting the volume of each period. Quite certainly, it depends on the price movement.

Average Directional Index

Average Directional Index

Also known as ADX, this analysis tool is another highly effective trend indicator that can be used for measuring the momentum and strength of an ongoing trend. It mainly focuses on the momentum of any stock, rather than its direction. You can certainly rely on it.