101% sure intraday trading method

[jaytrader]

Gud work..keep it up

 

[angira]

Hello Wizard Trader & All,

There is only confusion in the part of calculating % changes.
pls see below example. Calculation method is right or not ?

Corrections & Suggestions are most welcome.

Tatasteel 2 days data :
O H L C
3-Jul-12 206.5 214.6 206 213.2
4-Jul-12 214 218.3 212.25 216.9

%changes for 4-Jul0-12 :-

O : (214-213.2)/213.2 then multiply by 100 -----> 0.38
H : (218.3-213.2)/213.2 -----> 2.39
L : (212.25-213.2)/213.2 -----> -0.45
C : (216.9-213.2)/213.2 -----> 1.74

Angira...

 

[jsb2012]

thanks wizard trader!

 

[Shailu]

can any one make exceel sheet for this in simple manner.

 

[sholay]

Hello Wizard Trader & All,

There is only confusion in the part of calculating % changes.
pls see below example. Calculation method is right or not ?

Corrections & Suggestions are most welcome.

Tatasteel 2 days data :
O H L C
3-Jul-12 206.5 214.6 206 213.2
4-Jul-12 214 218.3 212.25 216.9

%changes for 4-Jul0-12 :-

O : (214-213.2)/213.2 then multiply by 100 -----> 0.38
H : (218.3-213.2)/213.2 -----> 2.39
L : (212.25-213.2)/213.2 -----> -0.45
C : (216.9-213.2)/213.2 -----> 1.74

Angira...

In my opinion these values are correct.

Wizard trader please explain the values of 06/07/2012.

Thanks

 

[angira]

hello Wizard Trader & All.
i get DLF range 208.99 -211.47 (bearish outlook),
TATASTEEL 443.18-447.15

Is this right or not as per u'r calculation.

Angira...

 

[jitensingh]

Sir i creat excel file but i m gettind wrong value pjs give more example
for calcution

 

[market halchal]

hello Wizard trader, I think your method would be very useful to me. Kindly send me in details to my mail id- pk dot trading2011 AT gmail dot com. Thanks in advance.

 

[market halchal]

I am 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 15 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 ..........

Hello Wizard trader, I think ur method would be very useful to me. Kindly send me in details to my mail id- pk dot trading2011 at gmail dot com. Thanks in advance.

 

[monasona]

Can any one share it in an excel table format? It will be a great help.
Regards