Stock Picks
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stocks, technical analysis, trends
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Equity Research/Analytics
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About "Stock Picks" topic:
Purely technical analysis
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One the stock that looks good on charts is IDEA. Although, the attached chart speaks for itself, i'd point out a few obvious facts that's thrown out from the chart. Stock has formed a double bottom. Moving average crossover signals bullishness. Healthy volume signals accumulation. Fibonacci levels indicate that the stock is taking support at 23.60% level with slight resistance at 38.20% [Rs.62.25] level. Targets - Short to Medium term - Rs. 61.50; 65 and 71. Disclaimer: No Funda-'mental' views or arguments taken into account. Strongly believe that ALL the fundamental news and factors are already factored in by the Charts. Purely a NIFTY trader, i personally do not go beyond NIFTY. Thi...
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Day trading refers to the practice of buying and selling financial instruments within the same trading day such that all positions will usually (not necessarily always) be closed before the market close of the trading day. This is different from After-hours trading. Traders that participate in day trading are called day traders. Some of the more commonly day-traded financial instruments are stocks, stock options, currencies, and a host of futures contracts such as equity index futures, interest rate futures, and commodity futures. Day trading used to be the preserve of financial firms and professional investors and speculators. Many day traders are bank or investment firm employees working as specialists in equity investment and fund management. However, day trading has become increasingly popular among casual traders due to advances in technology, changes in legislation, and the popularity of the internet. First of all let me give you few tips that you must follow if you are going...
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