Today, we are going to share a very popular strategy especially designed for intraday traders. Yes, it is open = high and open = low strategy. In this strategy, buy is generated when the Low price of the stock is same as the Open price. This indicates the stock is bullish and the price could not survive at lower levels so we will buy the stock with the Stoploss 10 paisa below the Low price of the day. Simultaneously, sell is generated when the High price of the stock is same as the Open price. This indicates the stock is bearish for the day and price started falling as soon as the day started. The stoploss for our sell here shall be 10 paisa above the High price of the day. There are lot of websites on the google that shows you open=high and open=low stocks as soon as the market opens. The best time to take entry for these
There is no perfect way to draw them and it seems that no one can agree on the best way. That’s because everyone has their own unique way of drawing them. What is the purpose of drawing trend lines? The purpose of drawing trend lines is to identify where possible reversals will take place. They can also signal that a change in trend may occur. In a uptrend, draw the line along the lowest points in the trend without letting the line cross through prices. You need at least two touches of the trend line. That is the proper way to draw a trend line. You can see how the stock found support near the line after we got a least two touches. That would have been a great opportunity to establish a position in the stock. You can see in this chart of NIFTY, that there was a trend line break but it did not result in a change of trend. Just because
Hello Traders, Today i am going to share with you all one of my trading strategy using only Bollinger Band and MACD. It is a very basic,simple and easy but an effective strategy. Whenever MACD is above zero line and it should be bullish divergence be vigilant on buying. Now next thing to note is Bollinger Band, it should expand and candle should close above Upper Bollinger Band that is a perfect long entry. Lets see 1 Example. In above chart please see boxed area.As soon as MACD crossed 0 line and BB started expanding their is no stopping till bearish MACD divergence. Trade can also be taken if you find bullish divergence below 0 line but in that case you will not get big target,aim for target till it touches Upper BB then exit. BB always works as support and resistance and this strategy is like range breakout strategy. Just look for just opposite setup for Shorting,here is the
There are so many ways to invest in stocks. When choosing among individual stocks, mutual funds, index funds, ETFs, domestic or foreign. First you need to open a Demat account with any broker. Individual stocks: If you’re after a specific company, you can buy a single share or a few shares as a way to dip your toe into the stock-trading waters. Building a diversified portfolio out of many individual stocks is possible, but it takes a significant investment. Mutual funds or Exchange-traded funds: These mutual funds let you purchase small pieces of many different stocks in a single transaction. The upside of stock mutual funds is that they are inherently diversified, which lessens your risk.
A basic question comes in mind when an individual is new to the Stock Market. Long term investment requires patience, commitment, and keeping calm when the market fluctuates. A long term investment is an investment that has a higher probability of maximizing your return over a 10 year period or more (long-term investment goals can be buying a house, retirement planning or children’s education or Marriage). There are options for investing on a short-term basis (Short-term goals can be Own Marriage,Family Travel,Small function or buying a car etc.).A short term investment is an investment you expect to hold for 3 year or less. While many people try to play the market or speculate with day trading. But it is a risky business and one should educate himself /herself or consult an Expert before trying day trading or short-term investment. It totally depends on your own personality, go with what suits your style. Long-term investment instruments are Mutual Funds and Bonds