tech.analysis software

R

razx5

Active Member
#1
#1
hi friends.i would like to buy ta software.but before making such huge investment[around 2 lakhs for advanced get] i would like to ask does it really helpful for trader like me who know just basic tech.analysis.does that software help in identifying stocks which r ready to breakout and help in identifying big trades.is there any scanning system which help in identifying patterns such as double top double botoms triangles n al.pls reply
 
S

shishirjha

New Member
#3
#3
Hello,
I am a new investor I have purchase sesagoa 30 @ 3315 this share will split on 8 aug & give bonus on18aug i suggest to buy sesagoa
 
A

AW10

Well-Known Member
#4
#4
Theoratically, 1 :10 split will result in stock price getting divided by 10. i.e. after 8-aug, the stock price will be 332.. and once the 1:1 bonus is distributed, the stock price is going
to be halved i.e. 332/2 = 166.
This is how the adjustment will be done to the stock price. Though you might see 600 shares of the company in your DMAT account, but this action will not change the total value of the holding (theoratically). There are player who will encash on this opportunity so the trading price after this adjustement is anybody's guess.
 
A

AW10

Well-Known Member
#5
#5
TA software is certainly one of the essential tool in the arsenal of committed trader.
Before investing this money, do look at your trading as business and if this capital investment is justified then go ahead and invest.
Like any tool, the outcome is as good as the skills of the tool user. Buying Ferrari does not make one a great driver. So think about the usability first, investment as per business model next and then select the right package that suits you.

You might be better off using free TA software first for some time and assess the real benefit of that.

Happy Trading
 
F

fire_gun

Member
#6
#6
Advance software doesn;t make sucessfull trader...if any body have ability to read charts and have proper management in his trading then he will be sucessfull...
 
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