Intraday trading tips – stock market tips
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Transcript of Intraday trading tips – stock market tips
Important Strategy for Intraday Trading and Equity Tips
Intraday Trading Tips
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Intraday Trading Tips
Different people use different types of Strategy for Trading in Intraday market. The technical analysis is an important tool for analyzing the price movements of Stocks in the Stock Market. The concept of trend and
supports and resistances are at the core of the technical analysis.
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Intraday Trading Tips Intraday Trading Tips Intraday Trading Tips
The support is a point at which the market approach from the top and reverse back after touching the levels. Similarly the
resistance is the price level at which the market approach from the bottom and
touch the level and again reverse and go down. The traders put the buy call at supports and sell calls at resistances.
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Intraday Trading Tips
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At the support there are chances that the market will reverse and go up and
at the resistances the market is anticipated to go down. Thus the
supports and resistances can be used to determine the levels at which
appropriate buy and sell calls can be placed.
Intraday Trading Tips
In case of Intraday Trading the previous day’s high and low can be taken as
resistance and support for the next day.
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Intraday Trading Tips
The support and resistances can be traded with the help of candle stick
patterns. If the candle sticks patterns showing the trend reversals are formed
near supports and resistances.
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Intraday Trading Tips
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For example if a doji Candle is formed near the support there are high
chances that the trend will reverse. Similarly if the trend reversal candle sticks are formed near resistances
there are high chances that the trend will reverse.
Intraday Trading Tips
The concept of trend is also important in day trading. The trader should always follow the current trend. The trader should trade with the trend and not
against the trend.
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Intraday Trading Tips
The Advisory Firms like CAPITAL BUILDER FINANCIAL SERVICES also use the above tactics to generate Stock market Tips.
Accurate Intraday trading tips and Equity Tips can be generated using the
above mentioned strategies.
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Intraday Trading Tips
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