query on product to use
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Dear Sirs,
I am using multi class analysis, segment analysis and PNF Charts on Zone Web and breadth analysis for timing the market (when to trade and when not to trade) and RS and P &F indicators and matrix analysis for stock selection on RZone for positional cash trades. I also use Zone mobile app for charting purpose. I am not trading in options. for all of above, RZONE, Web zone on browser and mobile are sufficient.
My query is that shall I get added confirmation before trading from Total Open Interest Analysis on Renko which is possible only on Tradepoint PRO by subscribing it ? or what do you advise?
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TOI is an additional tool and not a necessity for trading. While TOI can sometimes provide insights that may enhance your trading strategy, it ultimately depends on your personal trading style and whether you feel this information would be beneficial to you.
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Thanks Nehaji for your valuable feedback
