Index & Stocks Closing Predictions by Babamagic

[BabaMagic]

20/06/2014

Nifty - Closing below 7576.10
Bank Nifty - Closing below 15145.40
Infosys - Closing above 3314.40
TCS - Closing above 2288.90
Tech Mahindra - Closing below 2059.50
Tata Steel - Closing below 523.25
Axis Bank - Closing above 1821.50
Sun Pharma - Closing above 635
Bajaj Auto - Closing below 2175.80
IRB Infra - Closing above 203.20
India Cements - Closing below 114.65
Jain Irrigations - Closing below 113.60

 

[BabaMagic]

Weekly Prediction Report : 16/06/2014 to 20/06/2014

Total Predictions : 46

Successful Predictions: 33

Success Ratio : 71.74%

 

[umesh12]

Weekly Prediction Report : 16/06/2014 to 20/06/2014

Total Predictions : 46

Successful Predictions: 33

Success Ratio : 71.74%

Good, very good, success ratio

But I think, it will be more helpful to us, if you mention the levels like,
NIFTY - Closing in between xxxx.xx and xxxx.xx, or
NIFTY - Movement in between xxxx.xx and xxxx.xx,
instead of mentioning
Nifty - Closing below xxxx.xx
Infosys - Closing above xxxx.xx

Thanks

 

[BabaMagic]

Thanks Umesh for the valuable feedback.

Had already thought of it b4 starting this thread.

The problem with posting the "in between closing/movement prices" are those ranges are quite wide resulting in

Increase in the success ratio but Decrease in successful trading opportunities, which will kill the main purpose of this thread.

I will illustrate the above with a recent example.

The Friday range for Banknifty was 15339 & 14918 & Banknifty traded within those levels but the milliion dollar question here is how will one execute trades on banknifty than...Will he/she go short or go long?

By posting the Closing below prices, U are atleast aware of what trading position to take when Banknifty was trading above the 15145 levels.

So, by posting the "in between closing/movement prices", My Success Ratio would have been 100% but with low success in trading opportunity.
By posting the "below closing prices", My Success ratio & trading opportunity ratio was 100%.

I will still try to post the "In between closing/movement prices" when i see a narrow ranges in Index or Stock levels in the future.

Many Thanks!

 

[BabaMagic]

23/06/2014

Nifty - Closing below 7544.30
Bank Nifty - Closing below 15048.30
Infosys - Closing above 3344.50
TCS - Closing above 2306.10
Wipro - Closing above 532.50
Tata Steel - Closing below 525
Lupin- Closing above 991.50
ONGC - Closing below 423.95
India Cements - Closing below 111.50

 

[umesh12]

Thanks Umesh for the valuable feedback.

Had already thought of it b4 starting this thread.

The problem with posting the "in between closing/movement prices" are those ranges are quite wide resulting in

Increase in the success ratio but Decrease in successful trading opportunities, which will kill the main purpose of this thread.

I will illustrate the above with a recent example.

The Friday range for Banknifty was 15339 & 14918 & Banknifty traded within those levels but the milliion dollar question here is how will one execute trades on banknifty than...Will he/she go short or go long?

By posting the Closing below prices, U are atleast aware of what trading position to take when Banknifty was trading above the 15145 levels.

So, by posting the "in between closing/movement prices", My Success Ratio would have been 100% but with low success in trading opportunity.
By posting the "below closing prices", My Success ratio & trading opportunity ratio was 100%.

I will still try to post the "In between closing/movement prices" when i see a narrow ranges in Index or Stock levels in the future.

Many Thanks!

Thanks for considering my suggestion.

When you write
Nifty - Closing below 7544.30, then we have to wait till end. And it is difficult to assume target
But when you say BNF will move between 15339 & 14918 then we take position according to trend or movement.
And when you say target 14918, then it is the best position to know.
So please modify your levels as and when possible for you.

Thanks

 

[umesh12]

23/06/2014

Nifty - Closing below 7544.30
Bank Nifty - Closing below 15048.30
Infosys - Closing above 3344.50
TCS - Closing above 2306.10
Wipro - Closing above 532.50
Tata Steel - Closing below 525
Lupin- Closing above 991.50
ONGC - Closing below 423.95
India Cements - Closing below 111.50

Please mention levels for

HCLTECH
BIOCON
CIPLA
IFCI
HINDALCO

Thanks

 

[shreeux]

23/06/2014

Nifty - Closing below 7544.30
Bank Nifty - Closing below 15048.30
Infosys - Closing above 3344.50
TCS - Closing above 2306.10
Wipro - Closing above 532.50
Tata Steel - Closing below 525
Lupin- Closing above 991.50
ONGC - Closing below 423.95
India Cements - Closing below 111.50

Why don't you explain with chart few scripts...We also learn and trade as per closing levels...

Thanks in advance..

 

[BabaMagic]

HCL Tech - Closing above 1435.60
Biocon - Closing below 495.05
Cipla - Closing below 431.20
IFCI - Closing below 41
Hindalco - Closing below 166.60

 

[BabaMagic]

24/06/2014

Nifty - Closing below 7538.30
TCS - Closing above 2262.10
Axis Bank - Closing below 1897.50
ONGC - Closing below 441.50
Lupin - Closing above 997.80
Wipro - Closing below 533
HCL Tech - Closing below 1434.40
Biocon - Closing below 491.50
Hindalco - Closing below 168.30
Bhel - Closing below 248