hi frnds i have just finished reading the whole thread ..........
Seems very Insteresting that by using the formula u people are predicting stock prices with very good accuracy...........
HATS OFF TO ALL OF U AND SPECIALLY TO JAYTRADER TO START SUCH GOOD THREAD AND ALL ACTIVE PARTICIPANTS..........:thumb::thumb::thumb:
So plz dont get irregular bcoz ALONE U BREAK BUT TOGETHER WE STAND
I am also trading from 2-3 years and developed a great formula based on vedic maths and complex rules....
Till now i have tested it DLF , BHARTI , BOI , TATASTEEL . ICICI and seems write .......That whole formula i can not discuss here becoz it is not possible , it had around 20 - 30 rule and the main thing DATA i have to manually write down on copy and then after strugling with my calculaor around 30 min to get a value............ it is not a execl sheet which i can easily upload
BUT IT PAYS AROUND 99% ACCURACY AND IT WILL NOT GIVE TODAYS MAX AND MIN BUT ALSO TOMMORROW's SO WE HAVE 2 DAY MAX AND MIN TO TRADE .
ok stop talking nw i describe my formula .......
Take ANY high beta stock like DLF It will take 2 day data to predict next day range . I will take todays example
we will going for 29 june
take 27 june
open close low high
192.60 192.15 190.80 193.65
+0.75 +0.50 -0.15 + 1.20 --- (stock % change accoring pr. close)
+0.71 +0.41 +0.22 +0.70 ---( nifty % change accoding pr. close)
28 june
open close low high
192.90 194.45 191.40 195.45
+.40 +1.20 -.35 +1.60 --- (stock % change accoring pr. close)
+0.16 +0.15 +0.22 +0.35 ---( nifty % change accoding pr. close)
29 june
open
196.95
+1.17 --- (stock % change accoring pr. close)
+1.45 ---( nifty % change accoding pr. close)
THERE IS A GREAT IMP OF 29 JUNE OPENING PRICE
YOU CAN GET THIS DATA IN GOOGLE FINANCE AS I SHOWN IN THE UPLOADED IMAGE .
FOR GETTING INTRADAY MIN OF DLF
now for low :::::::: add 27 june ( o + c + l ) and 28 june (o +c+ l)
192.60 + 192.15 + 190.80 + 192.90 194.45 191.40 = TOTAL (1154.30)
NOW TOTAL /6 THAT IS 1154.30/6 = 192.38
THIS VALUE WE CALL LMIN1 (192.38)
NOW ADD THIS LMIN1 WITH 29JUNE OPEN VALUE ::::
192.38 +196.75 = 389.15 AND TAKE AVERAGE MEANS 389.15/2 =194.55
THAT IS OUR MAIN LOW VALUE WE CALL IT LMIN2(194.50)
now when u add all % changes of nifty and stock for low like above , u will get value
( .75+.71+.50+.41-.20+.22+.40+.16+1.20+.15-.35+.22 ) = 4.15
and now add 29june open stock and nifty % change (4.15+1.17+1.45) = +6.77
these value came out by adding 7 values (27june oP + cl + lw )+ 28 june (op +cl +lw) + 29 june open
So divide the final value by 7
+6.77/7 and u will get +0.96%
multiply this % VALUE to 29june open value
i.e +.96 * 196.75 = 1.85
add this value to LIMIN2(194.55) what we taken out by adding low value see above so this is our todays low i.e. 194.50 + 1.85 =196.30
THAT IS TODAYS LOW U CAN VERIFY IT ...........