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The crucial Nifty Nifty at its crucial resistance now, it has the capacity to move forward when a strong break out happen at 11171 (previous resistance). We can see a 300 point rally after this breakout before the end of this year. Chart Tool: Trading View
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A Powerful Intraday strategy: Finding stocks to trade for intraday day is not that simple, Technical Analysis or fundamental analysis nothing will work here, Intraday is purely and completely based on traders sentiment. Here sentiment represents the greed and fear of a trader. I always trade in Nifty 50 stocks I will do break first 15 min high strategy but I made more correction in that. I have explained everything in detail below, As soon as market opens, open nifty 50 chart with 15 minutes. Track how it forming either bullish or bearish - [Here I use to take Bullish Marubozu or Green Hammer for Long and Bearish Marubozu or Inverted Red hammer for Short] Wait till 9.29 AM and find weather nifty forms bullish or bearish, if nifty forms bullish then go to all the nifty fifty stocks and find what are the stocks are in bullish marubozu or Green hammer. Take those stocks separately and wait for first the high to break in next 15 minutes, if the first 15 minutes high broken by the ...
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Treat Trading as a Business:   Who ever entering in to trading they think it is a money making machine. Even when I started before 3 years I too had a same mentality. Every trade I will loose 1000's and in few trades I will earn 100's but that 100 rupee will give me more confidence. On that day I will think that I found successful strategy to trade, so because of my strategy I made this money today. Then the very next day when entering in to market I think I am an ultra smart guy who made 100 rupees yesterday so where ever I enter I will book profit, but market will punish me by hitting my Stop loss. It took one and half year for me to learn and started making money in market.  Trading is not easy task but it is simple, all we need is KNOWLEDGE, DISCIPLINE and MONEY / RISK MANAGEMENT.  KNOWLEDGE: By Learning Technical Analysis and other books one can gain more knowledge about stocks. There are many free source available in the market like, ZERODHA VARSITY, I...
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Train yourself in Technical:   When it is coming to trading, we should train yourself in technical analysis. Technical plays an important role, it will show an investor or trader, When to Buy and when to sell Weather the stock is Weak or Strong Is it trending or non trending All the above questions can be answered only by Technical Analysis. Even you completely learnt about the technical it is not 100% sure that we can make profit in all our trades. One should think trading as a business, Assume we are running a groceries, we cannot expect 100 customers daily but by calculating for the entire month makes sense. It is not mandatory to get succeed in all our trades but we can be success around 70 trades out of 100. 
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Basic Trading Terms_2:   Here I came up with another set of basic trading terms, with this one can attain complete knowledge about basic trading terms, below image will give you a clear picture, Open - The opening price of the stock on a particular day High - The high price it traded today Low - The low price it traded today Close - Closing price of last trading minute LTP - Last or Latest trading price LTQ - Last trading quantity ATP - Average trading price Volume - Total number of quantity traded on a particular day  Keep this thing in your mind all the time so that we cannot get confused when seeing the same in order book.
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Basic Trading Terms_1:  Learning the basic trading terms is very important when someone is trading in market. Because, when we see our order book it will confuse us badly, after that googling about it will not make sense, so I am writing a detailed post about it. Below I have given a picture of a snap quote , it is very important when buying or selling the stock, Can you guess what these terms are representing? you can easily say the buyers and seller column as total buyers and sellers right? that is correct anyway. Here the Best buy represents, who ever willing to pay to buy a stock but the one who places the high price will come to first in queue and his order will get executed first. Like same for sellers as well, but here when some one willing to sell at low price will come first in queue when ever these two prices are matching a trade will happen. TBQ represents - Total Buy Quantity TSQ represents - Total Sell Quantity Will see more about basic terms ...
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