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
+.75 +.50 -.15 + 1.20 --- (stock % change accoring pr. close)
+.71 +.41 +.22 +.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
.16 .15 .22 .35
now for low add 27 june ( o + c + l ) and 28 june (o +c+ l)
that is 192.50
Similarly for high...that is 193.27
now add low value + 29 june open (196.95) so u got 194.50
+1.17 stock
+1.45 nifty
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 o + c + l )+ 28 june (o +c +l) + 29 june open . So divide the final value by 7 and u will get +0.96%
multiply this % to open value i.e +.96 * 196.75 = 1.85 add this value to 194.50 what we taken out by adding low value see above so this is our todays low i.e. 194.50 + 1.85 =196.25
THAT IS TODAYS LOW U CAN VERIFY IT ...........