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query on product to use

Scheduled Pinned Locked Moved Ask Definedge Team (Subject related)
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  • R Offline
    R Offline
    RUSHABH VORA

    Pro User

    wrote on last edited by
    #1

    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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  • Neha Pandey Offline
    neha.pandey@definedge.comN Offline
    Neha Pandey

    Definedge

    wrote on last edited by
    #2

    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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  • R Offline
    R Offline
    RUSHABH VORA

    Pro User

    wrote on last edited by
    #3

    Thanks Nehaji for your valuable feedback

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