@sujithsoman as i follow price action mostly put stop below week low , if buyers cant stay above that level after results then im out, but in current condition traders dont follow fundamentals for swing they only folow momentum and high , low level
@gauravvvvvvvvvv yeah thats good, but 200-500 price range stocks are not considerer as a smallcap even nifty stocks have this price range ...as you are trade in smallcap stocks make sure there is a liquidity ...in my opinion 1lakh of daily volume and 1k volume in 15-30 time frame...
@gauravvvvvvvvvv people say practice with small capital and buy 1 share like that....but in my opinion trading is all about mental battle with other traders who wants to make profit from you, so as your question 3k is enough, lets say your traget is 10/- then your profit would be...
Not much if you are plan to 1month and less than tha, price action and momentum enough ....and current scenario of markets stocks even large cap also not considering its fundamentals , stocks which have poor fundamentals also rally ..so fundamentals is important when you are pla...
1 . If a person decide that buying shares worth of 100cr with limit order of 100rs, then all orders not executed and market dont go up because no sellers are there for 100rs price . This scenario we can see that large amount of volume trade in that stock but no momentum because o...
price action is basically read the price of that particular stock , price action tells us who are in charge whether buyers or sellers and what trend is going on there, there are profitable traders who follow price action but price action mostly reliable for longer time frame and ...
rajeshajesh replied to Adithya Prabhu Kv's comment
@adithyaprabhukv im used screeners but it wont work for me , just analysis each stock your own and add to watchlist when there is any breakout or Trendline formation then if you are a free user on tradingview you cant add much alert so create alert on your brokerage platform if a...
rajeshajesh replied to Adithya Prabhu Kv's comment
Traders use various kind of strategy for their trades and price action is also one of that strategy, basically price action is kind of art, they draw trend lines, mark support & resistance area and draw other patterns like traingle and parallel pattern and traders enter the trade...
Dont wait for market crash or market down! For long term investment you dont worry about minor changes in market, invest early soon as possible, if a major crash is coming accumulate a shares that you already holding, the price will be average