How to choose best Stocks Technically

15-minute breakout  with high-volume strategy  This is the simplest intraday breakout strategy for trading. In this strategy, trades come between 9:30 to 12:00 because after 12:00 it is possible to get the wrong trade into it. The maximum you can hold the intraday position is up to 3:15.After this stock exchange automatically squares off your position into the market price. Before we start first observe a 15-minute candle (9:15 to 9:30) then draw a line between that candle's high and low.  When the first candle (9:15 to 9:30) high breaks that time takes a buy trade into the intra-day continue into the trade until the first candle (9:15 to 9:30) low is not broken otherwise 3:15 square off your trade. When the first candle (9:15 to 9:30) low breaks that time takes sell trade into the intra-day continue into the trade until the first candle (9:15 to 9:30) high is broken otherwise 3:15 square off your trade. In the above image, you can observe that when the price crosses the ...

 What are Bollinger bands? Bollinger Bands are a popular technical analysis tool used by traders and investors to analyze market volatility and identify potential price trends. They were developed by John Bollinger in the 1980s and are widely used in various financial markets, including stocks, commodities, and forex. A Bollinger Band consists of three lines: the middle band, which is a simple moving average (SMA) of the price; and an upper band and a lower band, which are typically set two standard deviations away from the middle band. The standard deviation is a measure of volatility, and using two standard deviations creates a channel that contains approximately 95% of price data within it. The main concept behind Bollinger Bands is that price tends to stay within the upper and lower bands most of the time, indicating periods of high and low volatility. When the price reaches the upper band, it is considered overbought, suggesting a potential reversal or pullback. Conversely, wh...

Super Trend  Introduction: The Supertrend indicator is a popular technical analysis tool used by traders to identify trends and potential entry and exit points in the financial markets. Developed by Olivier Seban, the Supertrend indicator combines the average true range (ATR) and price data to create a trend-following line that helps traders determine the direction of the market. What is the Supertrend? The Super Trend indicator is a popular technical analysis tool used by traders to identify trends and potential entry and exit points in the financial markets. It provides a visual representation of the prevailing trend and helps traders make informed trading decisions. The Super Trend indicator is based on the concept of moving averages and volatility. It plots a line on the price chart, typically displayed as a continuous line above or below the price, indicating the direction of the trend. Key concepts of super trend indicator Calculation: The Super Trend indicator is calculated ...

 What is the moving average? The moving average is the average price of the stock in the last few days. The moving average is classified into two categories. 1) Simple Moving Average (SMA) 2) Exponential Moving Average (EMA) Difference between these two moving averages.  1) Simple Moving Average(SMA) Calculation: The SMA calculates the average of a specified number of data points over a given period. It adds up the closing prices for the selected period and divides the sum by the number of data points. Equal Weighting: Each data point in the selected period carries equal weight in the calculation, regardless of when it occurred. Smoothing Effect: SMAs provide a smoother line compared to raw price data, helping to identify trends by eliminating short-term fluctuations. Slower to React: SMAs are slower to respond to recent price changes because they give equal weight to all data points in the selected period. 2) Exponential Moving Average(EMA) Calculation: The EMA assigns expone...

 Introduction: In the world of stock market trading, numerous strategies have emerged to help investors make informed decisions and maximize profits. One such strategy is the Relative Strength Index (RSI). In this blog post, we'll delve into the RSI strategy and discuss how it can be applied to the stock market for profitable trading. Understanding the RSI Indicator: The Relative Strength Index is a momentum oscillator that measures the speed and change of price movements. Ranging from 0 to 100, the RSI compares the magnitude of recent gains to recent losses to determine whether a stock is overbought or oversold. Generally, an RSI reading above 70 indicates an overbought condition, suggesting a potential reversal or correction. Conversely, an RSI reading below 30 indicates an oversold condition, implying a possible price increase in the near future. Implementing the RSI Strategy: Identifying Overbought and Oversold Conditions: The first step in applying the RSI strategy is to iden...

 14) Flag Pattern Flag patterns are similar to pennant patterns but are often smaller. This technical analysis tool provides traders with the advantage of low-risk investments associated with quick profits. Flags appear throughout the price highway, you find them in fast-moving environments where the stock or index moves several points over a few days, then the price stops at the flag and then continues to move in the same direction. Of course, eventually, the price reverses directions, so it's important to hold the flag at the right point. Like the pennant, the flag pattern is based on the market price consolidation of a particular stock. The consolidation will have a narrow range and will only be followed by a quick upward move. Like the pennant, this pattern has a flag "pole", which may represent a vertical price movement. These fluctuations can be bearish or bullish and can give an investor a huge advantage if you know how to spot these patterns. For bulli...