1. DIYTechnicalAnalysis is a private community of traders and investors interested in building wealth from Indian equity market. You can become a member with a one time registration fee of ₹199. Click here to become a member

Intraday Trading

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

  1. srspriya06

    srspriya06 Active Member

    Joined:
    Dec 13, 2012
    Messages:
    243
    Likes Received:
    47
    Can u pls give some idea about how to make profit in Intraday Trading
     
    srspriya06, Feb 4, 2013
    Share #1
  2. shabbir

    shabbir Administrator Staff Member

    Joined:
    Apr 30, 2012
    Messages:
    6,699
    Likes Received:
    1,940
    What kins of advice
     
    shabbir, Feb 4, 2013
    Share #2
  3. srspriya06

    srspriya06 Active Member

    Joined:
    Dec 13, 2012
    Messages:
    243
    Likes Received:
    47
    How to calculate support and resistance in intraday? Is there any time frame for this trading?
     
    Last edited: Feb 4, 2013
    srspriya06, Feb 4, 2013
    Share #3
  4. shabbir

    shabbir Administrator Staff Member

    Joined:
    Apr 30, 2012
    Messages:
    6,699
    Likes Received:
    1,940
    Its time to re-read my ebook Priya
     
    shabbir, Feb 4, 2013
    Share #4
  5. srspriya06

    srspriya06 Active Member

    Joined:
    Dec 13, 2012
    Messages:
    243
    Likes Received:
    47
    ok shabbir:)
     
    srspriya06, Feb 4, 2013
    Share #5
  6. krasquinha

    krasquinha Member

    Joined:
    Jun 3, 2012
    Messages:
    199
    Likes Received:
    7
    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
     
    krasquinha, Feb 5, 2013
    Share #6
  7. shabbir

    shabbir Administrator Staff Member

    Joined:
    Apr 30, 2012
    Messages:
    6,699
    Likes Received:
    1,940
    Yes but I prefer 2 minutes candles and not 5 minutes candles.
     
    shabbir, Feb 5, 2013
    Share #7
  8. krasquinha

    krasquinha Member

    Joined:
    Jun 3, 2012
    Messages:
    199
    Likes Received:
    7
    Thanks Shabbir... But which broker provides 2 minutes chart. I have Sharekhan it has 1,3,5 ..so on ...

    Regards,
    Kiran
     
    krasquinha, Feb 5, 2013
    Share #8
  9. shabbir

    shabbir Administrator Staff Member

    Joined:
    Apr 30, 2012
    Messages:
    6,699
    Likes Received:
    1,940
    Interactive Brokers provide but you can use 1 or 3 as well
     
    shabbir, Feb 5, 2013
    Share #9
  10. m_padmakumar

    m_padmakumar Member

    Joined:
    Jun 22, 2012
    Messages:
    119
    Likes Received:
    5
    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
     
    m_padmakumar, Feb 8, 2013
    Share #10
  11. krasquinha

    krasquinha Member

    Joined:
    Jun 3, 2012
    Messages:
    199
    Likes Received:
    7
    but i think there is some delay in google chart compair to realtime ....
     
    krasquinha, Feb 8, 2013
    Share #11
  12. shabbir

    shabbir Administrator Staff Member

    Joined:
    Apr 30, 2012
    Messages:
    6,699
    Likes Received:
    1,940
    Exactly

    In 2 mins that would be really tough
     
    shabbir, Feb 8, 2013
    Share #12
  13. srspriya06

    srspriya06 Active Member

    Joined:
    Dec 13, 2012
    Messages:
    243
    Likes Received:
    47
    Hi Shabbir
    Im interested in doing intraday trading. can u suggest me what intraday software to download.
     
    srspriya06, Mar 27, 2013
    Share #13
  14. shabbir

    shabbir Administrator Staff Member

    Joined:
    Apr 30, 2012
    Messages:
    6,699
    Likes Received:
    1,940
    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.
     
    shabbir, Mar 27, 2013
    Share #14
  15. srspriya06

    srspriya06 Active Member

    Joined:
    Dec 13, 2012
    Messages:
    243
    Likes Received:
    47
    I have demat account in Sbicapsec. But they dont provide any software for trading..
     
    srspriya06, Mar 27, 2013
    Share #15
  16. shabbir

    shabbir Administrator Staff Member

    Joined:
    Apr 30, 2012
    Messages:
    6,699
    Likes Received:
    1,940
    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
     
    shabbir, Mar 27, 2013
    Share #16
  17. srspriya06

    srspriya06 Active Member

    Joined:
    Dec 13, 2012
    Messages:
    243
    Likes Received:
    47
    k shabbir. Thank You
     
    srspriya06, Mar 27, 2013
    Share #17
  18. shabbir

    shabbir Administrator Staff Member

    Joined:
    Apr 30, 2012
    Messages:
    6,699
    Likes Received:
    1,940
    The pleasure is all mine.
     
    shabbir, Mar 27, 2013
    Share #18
  19. sainath85

    sainath85 Member

    Joined:
    Nov 19, 2012
    Messages:
    148
    Likes Received:
    15
    Occupation:
    Business Development
    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.
     
    sainath85, Mar 27, 2013
    Share #19
  20. srspriya06

    srspriya06 Active Member

    Joined:
    Dec 13, 2012
    Messages:
    243
    Likes Received:
    47
    Thank You Sainath for ur information.
     
    srspriya06, Mar 27, 2013
    Share #20