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 ..........
