Here is a small list of Analysis on which I decide to take positions.
1. Historical Data Analysis - Supports & Resistances
2. DMA - Short Term 20, 50 and 100. Long Term 200 DMA
3. High Low Analysis. (Capture Momentum) For Long Term it should be above AVG(52 H+L) and not break down significantly.
4. Study of 23% 38%, 50% and 61% Retracement Levels (If we are in a correction)
5. Stochastic, MACD
6. Supertrend (10,3) & VWAP (Follow Hourly Candle)
7. RSI - Short Term - 70+ (Overbought) and 30- (Oversold)
8. Know Sure thing
9. India VIX - Avoid Positions if it is >30
