Trading with charts on mobile phone

Recently SEBI allowed trading through mobile phone and many brokers have started this facility to their clients. Now those people who can’t use computer but use mobile phone can trade online. Mobile user percentage is much higher than computer in India. With simple phone of 3000 - 8000 with browser like opera and internet activated with monthly charge of 50, Mobile phone trading is now become affordable, approachable, and simple for common man. After allowing this facility about 5% of total turnover is through mobile phone.

Charts on Mobile – investor can see clear chart with technical analysis on mobile. All NSE stocks intraday / end of day charts can be seen on it. Our site http://dinuthakur.blogspot.com is one of first site to launch this service free for investor on mobile. Along with chart other information such as real time group/sector wise gainer looser, option price, auto buy sell tip, commodity information, point figure chart etc. also available here. With few days of practice of watching chart investor can use then profitably. We set moving average as default to guide our trade. After opening site you can save and bookmark it so that it can be open directly next time.

Thus with basic knowledge of technical analysis you can trade with confidence and without fear and greed.

Intraday trade with chart – For intraday candlestick chart we set Bollinger band and 20 & 50 Exp. Moving average as default for all charts. If 20 line is above 50 and candle above that then that stock is strong buy with two step stoploss of both line, if candle cross from below 20 line to above it, we can buy with stoploss of 20 line, if 20 line cross 50 line and keep moving above 50 line then that is also a buy signal. Similarly If 50 line is above 20 and candle below that then that stock it is strong sell with two step stoploss of both line, if candle cross from above 20 line to below it, we can sell with stoploss of 20 line, if 50 line cross 20 line and keep moving above 20 line then that is also a sell signal. Color dots of parabolic SAR indicator also gives buy sell signal. Bollinger band gives range for stock movement.

Delivery trade with chart – For Delivery trade we set candlestick chart with 200 & 500 Exp. Moving average as default for all charts. If 200 line is above 500 and candle above that then that stock is strong delivery buy with two step stoploss of both line, if candle cross from below 200 line to above it, we can buy with stoploss of 200 line, if 200 line cross 500 line and keep moving above 500 line then that is also a buy signal with both line as stoploss. Similarly If 500 line is above 200 and candle below that then that stock is strong sell with two step stoploss of both line, if candle cross from above 200 line to below it, we can sell with stoploss of 200 line, if 500 line cross 200 line and keep moving above 200 line then that is also a sell signal. Color dots of parabolic SAR indicator also gives buy sell signal.