no one going to earn even single rupee day trading

[nick721156]

i m nt getting u exactly , but i meant:
suppose today morning market opened , 5000 and made a low of 4980 and made a high of 5015 (upto 11.30-12 ) and is going time at present is 12.02 and market is tradding at 5008 so it should go bullish.


another technique several people use is 30 min breakout , for this they find out 30 minute range ( high and lo ) and enter on breaking high or low in long and short directions respecctively .

Dear Abhi,

Got it.

Thanks a lot.

Regards,

Raju

 

[SREENAN]

Dear Abhi
could you please explain how you can place stop loss and also place order in PIB...if one has to buy at x price and stop loss at y.....what are the steps please

Secondly..if after buying you want to sell at Z ..what is the step...alll in PIB
thanks
Sreenan

 

[abhiwhy]

dear abhi
could you please explain how you can place stop loss and also place order in pib...if one has to buy at x price and stop loss at y.....what are the steps please

secondly..if after buying you want to sell at z ..what is the step...alll in pib
thanks
sreenan

i pib , suppose u have buy position of 100 reliance in intraday at 1110 , now right click reliance , put quantity , select market or ur limit price (if any ) , then intraday (if position is in intraday ) order duration :day, left disclose quantity , place ur stoploss level say rs 1100 , enter and verification form will come , check perticulars and then ok . U have placed stoploss for 100 reliance shares at 1100 , if market comes below this level a market order for selling 100 reliance will be placed in the market .

FOR SELLING AT Z PRICE , RIGHT CLICK/SELL PLACE QUANTITY ,
IN NEXT SPACE WHERE MARKET IS WRITTEN , TYPE YOUR PRICE SUPPOSE Z ,CASH OR INTRADAY (DEPENDING UPON PRODUCT U HAVE ), LEFT OTHERS AS IT IS , AND ENTER THE ORDER .CLICK OK AND CONFIRM , UR LIMIT ORDER HAVE BEEN PLACED , GO TO CAP TRADING /MODIFY DELETE ORDER , IF WANT TO CHANGE IT U CAN , IF WANT TO DELETE IT THEN DELETE IT , ACCORDING TO UR NEEDS .

Practice with a single share of ifci , set 5 paisa as stoploss and u will understand it properly with a cost of 5 paisa .


Abhi

 

[nick721156]

i m nt getting u exactly , but i meant:
suppose today morning market opened , 5000 and made a low of 4980 and made a high of 5015 (upto 11.30-12 ) and is going time at present is 12.02 and market is tradding at 5008 so it should go bullish.


another technique several people use is 30 min breakout , for this they find out 30 minute range ( high and lo ) and enter on breaking high or low in long and short directions respecctively .

Dear Abhi,

I am giving here situation like this. Market opened at say, 5000. It moves higher to 5075. Then it comes down to 5025. Then moves upto 5050 between 11.30 - 12 noon. At 12.05 PM , it moves down to 5035. Now shall we consider day's opening (=5000) or 5025 as the lowest and 5075 or 5050 as the highest for finding out the bullishness as per the 1st method.

Regards,

Raju

 

[abhiwhy]

Dear Abhi,

I am giving here situation like this. Market opened at say, 5000. It moves higher to 5075. Then it comes down to 5025. Then moves upto 5050 between 11.30 - 12 noon. At 12.05 PM , it moves down to 5035. Now shall we consider day's opening (=5000) or 5025 as the lowest and 5075 or 5050 as the highest for finding out the bullishness as per the 1st method.

Regards,

Raju

day's opening will never change , 5000 is opn , 5075 hi , 5025 lo, so far , and if mkt is 5035 it is close to lo(5025 ) so mkt should fall in most of cases .

look for intraday hi at 12, and intraday lo at that time , that would be considered .

 

[SREENAN]

i pib , suppose u have buy position of 100 reliance in intraday at 1110 , now right click reliance , put quantity , select market or ur limit price (if any ) , then intraday (if position is in intraday ) order duration :day, left disclose quantity , place ur stoploss level say rs 1100 , enter and verification form will come , check perticulars and then ok . U have placed stoploss for 100 reliance shares at 1100 , if market comes below this level a market order for selling 100 reliance will be placed in the market .

FOR SELLING AT Z PRICE , RIGHT CLICK/SELL PLACE QUANTITY ,
IN NEXT SPACE WHERE MARKET IS WRITTEN , TYPE YOUR PRICE SUPPOSE Z ,CASH OR INTRADAY (DEPENDING UPON PRODUCT U HAVE ), LEFT OTHERS AS IT IS , AND ENTER THE ORDER .CLICK OK AND CONFIRM , UR LIMIT ORDER HAVE BEEN PLACED , GO TO CAP TRADING /MODIFY DELETE ORDER , IF WANT TO CHANGE IT U CAN , IF WANT TO DELETE IT THEN DELETE IT , ACCORDING TO UR NEEDS .

Practice with a single share of ifci , set 5 paisa as stoploss and u will understand it properly with a cost of 5 paisa .


Abhi

Thanks a lot Abhi....you are a great Teacher.....
SREENAN:clapping::clapping:

 

[abhiwhy]

Thanks a lot Abhi....you are a great Teacher.....
SREENAN:clapping::clapping:

thanks sreenan but i think i m a great student .:rofl:

 

[Rkji]

hi abhi

i am a bit more acquainted on certain terms now.

what i have done is, i have placed two moving averages on the intraday chart with diff colours on a 5 min chart, namely sma 20 & sma 50 period.

so according to what you told me earlier, if sma 20 crosses sma 50 and goes above it, its considered a buy signal right ?

i have taken the green colour line to be sma 20 & red one as sma 50, though i understand colours don't matter but just for my uinderstanding.

i see the nifty chart in post # 149 in which sma 20 (green) crosses over sma 50 (red), you have given buy signal.

pls correct me if i am wrong.

secondly, i see different people use different indicators...but according to you what indicator is best between EMA or SMA for the purpose of intraday, given i don't have di + di - in tradetiger from sharekhan.


many thanks to you

regards,
rishi

 

[MARUTIMANE]

Dear Risi,

In Sharekhan Trade Tiger there is indicator named ADX you will get 3 lines one line is for Di+ one line is Di- and one line is for ADX only choose time peirod 14 you will get all signals there. ADX indicator is combination of DI+,DI- and Average of DI+ and DI-(3rd line). I think it will solve your problem of DI+-

Thanks and regards

Maruti Mane

 

[Chhagan]

hi abhi

i am a bit more acquainted on certain terms now.

what i have done is, i have placed two moving averages on the intraday chart with diff colours on a 5 min chart, namely sma 20 & sma 50 period.

so according to what you told me earlier, if sma 20 crosses sma 50 and goes above it, its considered a buy signal right ?

i have taken the green colour line to be sma 20 & red one as sma 50, though i understand colours don't matter but just for my uinderstanding.

i see the nifty chart in post # 149 in which sma 20 (green) crosses over sma 50 (red), you have given buy signal.

pls correct me if i am wrong.

secondly, i see different people use different indicators...but according to you what indicator is best between EMA or SMA for the purpose of intraday, given i don't have di + di - in tradetiger from sharekhan.


many thanks to you

regards,
rishi

====================================================

Hi,
I just read your post. As you said you use intraday chart and use 5 min sma. How you do this? I mean I have Angel...terminal. It is on ODIN system. Odin provide intraday charts but I do not find and access to draw/have a intraday sma. Please respond. If anyone else know this, his post will be appreciated. Thanks.