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  • Market Mantra: Prime Indicators

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    vivek
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    This document discusses various technical indicators and strategies for analyzing market trends and making trading decisions. It describes indicators such as ADX, RSI, MACD, Supertrend, EMAs, stochastic, CCI and price patterns that can provide information on the strength and direction of trends, overbought/oversold conditions, and buy/sell signals. Specific strategies mentioned include focusing on the most active stocks, trading 5-minute windows, following breakouts, and developing new intraday options trading techniques. Discipline, patience and trading with a clear style and goal are emphasized as important for success.

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    MARKET MANTRA

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    This document discusses various technical indicators and strategies for analyzing market trends and making trading decisions. It describes indicators such as ADX, RSI, MACD, Supertrend, EMAs, stochastic, CCI and price patterns that can provide information on the strength and direction of trends, overbought/oversold conditions, and buy/sell signals. Specific strategies mentioned include focusing on the most active stocks, trading 5-minute windows, following breakouts, and developing new intraday options trading techniques. Discipline, patience and trading with a clear style and goal are emphasized as important for success.

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    © All Rights Reserved
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    Download as docx, pdf, or txt
    196 views3 pages

    Market Mantra: Prime Indicators

    Uploaded by

    vivek
    This document discusses various technical indicators and strategies for analyzing market trends and making trading decisions. It describes indicators such as ADX, RSI, MACD, Supertrend, EMAs, stochastic, CCI and price patterns that can provide information on the strength and direction of trends, overbought/oversold conditions, and buy/sell signals. Specific strategies mentioned include focusing on the most active stocks, trading 5-minute windows, following breakouts, and developing new intraday options trading techniques. Discipline, patience and trading with a clear style and goal are emphasized as important for success.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
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    of 3

    MARKET MANTRA

    PRIME INDICATORS.

    Rising ADX - tells us that the activity is high.

    Rising RSI –tells us that the relative strength is increasing.

    MACD-tells us about the price swings.

    SUPERTREND- tells us about the price swings.

    Mighty 200 EMA- tells us about the real trend of the market.

    VOLUME CHART-Tells us about breakout analysis.

    RSI>50 TELLS US ABOUT THE TREND.

    RSI 4TIMES CONFIRMS THE RSI TREND.

    10/50 OR 5/20 EMA CROSSOVER-TELLS US ABOUT PRICE SWINGS.

    CHOPPINESS INDICATOR – TELLS US ABOUT THE TRENDING OR SIDEWAYS MARKET.[very useful].

    OTHER INDICATORS.

    20 EMA-tells us about the short term trend of the market.

    9 EMA-tells us about the immediate trend of the market.

    STOCHASTICS- tells us about overbought and oversold.

    WILLIAMS PERCENTAGE – very much similar to stochastics.

    CCI-gives successful buy and sell siginal for POSITIONAL TRADING.

    RSI DIVERGENCE –can be successfully used in PRICE ACTION TRADING.

    PRICE ACTION
    Chart Swing points-swing high/ swing low.

    30 min chart pre defined support/resistance.

    TRADE-3min/5min chart INTRADAY.


    Previous day swing points H/L and CLOSING levels.

    Volume chart.

    200 EMA.

    MACD-supporting role. (positive swing or negative swing,)

    ADX-TREND STRENGTH.

    RSI - trend positive or negative.(immediate Trend and 4 times trend).

    PRICE ACTION.

    Study important breakout levels and volume stocks near their important breakout levels for havoc
    money.

    Study levels of result stocks for easy money.

    Study levels of (regular-news) stocks.

    Learn to figure out reversal candle at the end of a short trend for squaring off or for pullback trading
    also.

    Learn to analyze daily chat with volumes and Trendlines and support and resistance lines and try to
    draw patterns if clearly visible on the chart.

    STRATEGY-MOST ACTIVE STOCK

    FOLLOW TOP 5 STOCKS ONLY.

    SPOT NEW CUSTOMER IN TOP 5 STOKS -APART FROM REGULAR STOCKS.

    TRADE 5 MIN ORB.

    EXIT AT REVERSAL CANDLE.

    5 MIN. ORB WORKS VERY WELL.

    PRICE ACTION TRADING.

    NEW MARKET CONDITIONS.

    YOU HAVE TO FOCUS ON UNI DIRECTIONAL TRADING.

    YOU HAVE TO FOCUS ON JACKPOT TRADING IN INTRADAY.

    YOU HAVE TO FOCUS ON NIFTY PRICE ACTION TRADING.

    YOU HAVE TO DEVELOP NEW METHODS OF INTRADAY TRADING LIKE OPTION BUYING IN INTRADAY.
    BUYING CALL/PUT INTRADAY.

    BUYING CALL AND PUT IN BANK NIFTY BTST.

    TRADING IN EXPIRY OF WEEKLY OPTIONS OF BANK NIFTY ETC.

    GHANSHYAM JI-

    FOLLOW RULES = [FOLLOW TECHNIQUE COMPLETELY IN DETAIL POINT BY POINT IN PRACTICE AND KEEP
    ON IMPROVING THE RULES DAY BY DAY ].
    DISCIPLINE = PATIENCE.

    OWN STYLE.

    TECHNICAL ANALYSIS.

    Successful traders. Trade with a style.

    Trade With a goal.

    Wait for an opportunity. [ideal situation].

    [but unsuccessful traders trade for emotions].

    Accept loss-As loss is part of making money in trading.

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