Intradayhub

Renko Chart There are lot of charts available out there such as line chart,bar chart and widely used candle stick chart,many of you don't know that this charts can be used specifically for different analysis. Today In this blog were gonna look at Renko chart and I am gonna teach you a simple strategy based on this chart to earn easy profit just by doing some analysis. Were gonna apply this strategy in options trading of indices (nifty, banknifty etc) If you don't know anything about Options then click here to learn about it.  First lets hop into basics Renko chart is composed of bricks which are plotted at 45° to each other,bricks do not occur next to each other even the price of stock is same for a period of time. A brick can be of any price depending on stock .This is called Box size.Lets see a example to understand it. Lets assume a stock is trading at 100 rs and box size is of 5 rs.If price moves up at 105 rs then new brick will be appeared showing uptrend...

RSI (Relative Strength Index) Welcome traders ,In this blog I am gonna explain you the basics of RSI indicator and will teach you by use of RSI how to buy or sell stocks using RSI strategy. RSI is a powerful indicator if you analyse it incorrectly you will suffer losses.No need to worry at the end of this blog you will able to understand the basics and how to implement the RSI.  I am gonna teach you one simple strategy where you can enter and get some good profit in Intraday. Lets Begin. Basics (Lets get it cleared and debug the myths) RSI shows momentum of price whether it is in  overbought  or oversold conditions just for the  reference  it is  calculated  by a formula,                               No need to go in detailed  calculations lets get on to the main subject. RSI is nothing but a graph which ranges from 0 to 100, Where belo...

Introduction Welcome Traders, Yup you read it correctly in this blog I m gonna show you how anyone can earn minimum 3000 rs daily by applying this simple intraday strategy . Hold on do not worry it is really a basic concept or formula which can be implemented by beginners. Just follow this five simple steps. Lets Begin. Procedure Which stock to buy or sell ? Just select currently good performing stocks for buy and bad performing stocks for sell. Now you have to look at previous four days of performance of that stock.Just write it down its high and low price of each day. Do it at night this strategy is for next day trading. For ex. Tatasteel.                              Tue          Mon          Fri          Thu                High            ...