Hello dear investors, I am a derivative and swing trader in F&O segment. I recently started trading in intraday sessions when market go sideways and trend is clueless. I would like to know how to interpreted premarket session and analyse for day trend of particular stock. Also it would be great to know how to predict the next day trend from previous historical treading?? Thank you. Jignesh Sent from my Infinix X572 using Tapatalk
Using pivot points is a good method of identifying next day's support and resistance levels well in advance. Most big indices and liquid stocks in every market tend to react at the pivot support and resistance levels. Start with 1-2 stocks and the major index of your market. Use some good pivot point calculators. There are many available on the internet.
Hey Jignesh, you are welcome. You can check my site stockmaniacs (dot) net for a pivot point calculator