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Intraday Trading

Discussion in 'Technical Analysis' started by srspriya06, Feb 4, 2013.

  1. srspriya06

    srspriya06 Active Member

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    Can u pls give some idea about how to make profit in Intraday Trading
     
  2. shabbir

    shabbir Administrator Staff Member

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    What kins of advice
     
  3. srspriya06

    srspriya06 Active Member

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    How to calculate support and resistance in intraday? Is there any time frame for this trading?
     
    Last edited: Feb 4, 2013
  4. shabbir

    shabbir Administrator Staff Member

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    Its time to re-read my ebook Priya
     
  5. srspriya06

    srspriya06 Active Member

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  6. krasquinha

    krasquinha Member

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    Hi Shabbir ,

    Please share your thoughts on this … For intraday stocks, we need to select breakout stocks with good volume and use 5 minutes intraday chart to find the breakout for day trading ...

    Regards,
    Kiran
     
  7. shabbir

    shabbir Administrator Staff Member

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    Yes but I prefer 2 minutes candles and not 5 minutes candles.
     
  8. krasquinha

    krasquinha Member

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    Thanks Shabbir... But which broker provides 2 minutes chart. I have Sharekhan it has 1,3,5 ..so on ...

    Regards,
    Kiran
     
  9. shabbir

    shabbir Administrator Staff Member

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    Interactive Brokers provide but you can use 1 or 3 as well
     
  10. m_padmakumar

    m_padmakumar Member

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    Google finance is giving 2 mts chart.
    To make it more clear, can we enter a stock if the candles are in uptrend with more volume and keeping stop loss of previous to previous low?

    Thanks
     
  11. krasquinha

    krasquinha Member

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    but i think there is some delay in google chart compair to realtime ....
     
  12. shabbir

    shabbir Administrator Staff Member

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    Exactly

    In 2 mins that would be really tough
     
  13. srspriya06

    srspriya06 Active Member

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    Hi Shabbir
    Im interested in doing intraday trading. can u suggest me what intraday software to download.
     
  14. shabbir

    shabbir Administrator Staff Member

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    For trading you should be using your brokers software only because it is not very good option to be tracking things in one software and trading in other.
     
  15. srspriya06

    srspriya06 Active Member

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    I have demat account in Sbicapsec. But they dont provide any software for trading..
     
  16. shabbir

    shabbir Administrator Staff Member

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    Not sure but I have tough time using too many things at the time of trading. Try chartnexus which is free for daily data but then you may need to opt for MetaStock or AmiBroker
     
  17. srspriya06

    srspriya06 Active Member

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    k shabbir. Thank You
     
  18. shabbir

    shabbir Administrator Staff Member

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    The pleasure is all mine.
     
  19. sainath85

    sainath85 Member

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    Hi if you have android phone you can download NSE mobile app. There you get free charts- 1m..it is real time. Hope this helps.
     
  20. srspriya06

    srspriya06 Active Member

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    Thank You Sainath for ur information.