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Showing posts from September, 2024

How to Use RSI Indicator for Intraday Trading or Day Trading?

  In trading using the technical indicator is not only necessary to make your trade successful but also helps to maximize the chances of returns and minimize the risk of losses. However, to use this indicator you have to perform the   technical analysis , you need knowledge, skills and extra time with effort with all the resources like market data and tools. In  intraday trading , you have limited time to perform the analysis and pick the right stock. Even some of the technical indicators are not applicable or useful while analysing the stock for day trading. However, there are still a few indicators that you can use for intraday. RSI is one of them we are going to talk about, how you can use it for intraday trading with the right strategy. What is RSI Indicator in the Stock Market? RSI stands for Relative Strength Index is a  technical indicator  used for trading to know if the stock is trading in the overbought or oversold zone. This indicator is based on the ...

Hyundai Motor India IPO Details: Launch Date, Share Price, Size & Review

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The Business Profile of the Hyundai Motor India The company is one of the largest passenger vehicle makers and the third largest auto original equipment manufacturer (“OEM”) in the world. In the Indian market since 2009, it is the second largest auto OEM in Indian passenger vehicles. Currently company has around 13 models across multiple passenger vehicle segments by body type that consists of sedans (Aura and Verna), sports-utility vehicles (Exter, Venue, Venue N Line, Creta, Creta N Line, Alcazar, Tucson and IONIQ 5), hatchbacks(Grand i10 NIOS, i20 and i20 N Line), and battery electric vehicles (“EVs”). Apart from making multiple passenger vehicles, the company also manufactures auto parts such as transmissions and engines. The company also export passenger vehicles manufactured in India and is an exporter of one of the  highest cumulative numbers  of passenger vehicles for the same period. From 1998 to the year 2024, the company has sold around 12 million passenger vehicles...

How to Use Market Depth for Intraday Trading Strategy?

  Making intraday trading profitable is one of the biggest challenges for traders, especially for new or inexperienced traders. However, there are various tools, techniques and   technical indicators   that you can use to analyse the stocks for intraday trading. Maybe you are aware of most of the tools and techniques or indicators, but a few indicators or data interpretation tools are also very useful while analysing the stock for   intraday trading . Also Read:  How to Select Stocks for Intraday: 10 Tips to Pick Best Stocks Market Depth  is one of the important theories in the  stock market , may you have heard about this concept but don’t know what exactly it is, how it works, and how to read this and use it for trading or intraday trading. Today, in this article we are going discuss every aspect of market depth with examples, how to understand this or read or see on the chart and most importantly how to use market depth for  intraday trading ...

How to Calculate and Use Pivot Points in Intraday Trading?

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  In intraday trading, you can use various tools and techniques to find the best stock and choose the right level of buying and selling the underlying security. You can perform the  technical analysis  or use various other methods to analyse the stock price movement and find the best points to enter or exit from the trade positions with profitability. The pivot point is one of the most popular tools you can use for  intraday trading . However, traders use the pivot points not only for day trading but also for short-term trading to know the support and resistance levels of the market index or individual stocks. In this blog, we will discuss pivot points, how or whether they work for trading or not, how to calculate and use the pivot points in day trading with a pivot point intraday trading strategy. What is Pivot Point in Intraday Trading? Pivot points are one of the best technical tool for those who find it difficult to find  support and resistance  levels ...