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DayTrading Report- brought to you By Tipsonhand.com - 532868 [ DLF ], DLF LTD. - Daytrading report for 09/16/2016 |
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DAYTRADING SOFTWARE NOW AVAILABLE, DOWNLOAD NOW DAY TRADE REPORT FOR DLF LIMITED For 16 September 2016--------INDEX-------- 1. Opening & General Trading Call, Last trading prices 2. Trade Alert 3. When to Sell? 4. When to Buy? 5. When to Stop Loss? 6. How to calculate Day Trade Range? 7. How to Find Intraday Sentiment? 8. Past few weeks/Days Trend/High/Low/Average Report 9. Disclaimer Abbreviations: RNK: Rank, STR: Strength, SEN: Sentiment,H: High, L: Low, HLD: High-low Difference EX: Extreme, LT: Little, BL: Bullish, BR: Bearish, N: Neutral, SUP: Support, RES: Resistance ----------1. Opening & General Trading Call, Last trading prices--------- OPENING DAY TRADE SENTIMENT for 16 September 2016: NEUTRAL [0] [ NEUTRAL ARROUND 144.97 ] TRADING CALL for 16 September 2016: Buy in Dip , Sell on rally or vice versa LAST TRADING SHOWS: No Buying Interest (Volume: NORMAL) Last trading on 15 September 2016 Prices (BSE): PC: 144.60 O: 143.70 L: 142.40 H: 146.50 A: 144.58 C: 144.50 --------------2. TRADE ALERT-------------- More upside above - 146.00 , 152.75 , 148.00 More downside below - 142.50 , 143.00 , 136.00 -------------3. WHEN TO SELL?------------ Selling pressure (resistance) arround/below this prices: 152.00 [RNK: 3][STR: -6][SEN: LT+BL] 148.00 [RNK: 2][STR: -11][SEN: LT+BL] 146.00 [RNK: 1][STR: -29][SEN: N] last Close [144.50] Watch out for more selling arround/below this prices: 142.50 [RNK: 1][STR: -5][SEN: N] --------------4. WHEN TO BUY?-------------- Watch out for buying arround/above this prices: 152.75 [RNK: 1][STR: 29][SEN: LT+BL] 148.25 [RNK: 2][STR: 19][SEN: LT+BL] 146.75 [RNK: 3][STR: 1][SEN: LT+BL] last Close [144.50] Buying support arround/above this prices: 143.00 [RNK: 1][STR: 4][SEN: N] 136.00 [RNK: 2][STR: 3][SEN: BR] -------------5. WHEN TO STOP LOSS?------------- Stop Loss on long positions: When rank 1,2,3 support breaks below last close price :143.00, 136.00 Stop Loss on Short positions: When rank 1,2,3 resistance breaks above last close price: 146.00, 148.00, 152.00 #Delivery based trading is better than completely square up based DAY TRADE. ----------6. How to calculate TRADE RANGE?--------- Formula - LOW = MIN(L1,L2,l3) wbere L1 = Today's Low | L2 = AVG(Price1(L),Price2(L)..) | L3 = Today's High - AVG(HLDX, HLD1...) Formula - HIGH = MAX(h1,H2,H3) where H1 = Today's High| H2 = AVG(Price1(H),Price2(H)...)| H3 = Today's Low + AVG(HLDX, HLD1...) # Only requires to recalculate for new high/low - intraday bases Example: If DLF LIMITED opens at 143.00 Trade Range (approx): 136.63 - 149.82 -------AVG(HLD) = AVG(5.63, AVG(7.12)) = 6.38 -------Low = MIN(143.00, AVG(142.70),136.63) = 136.63 -------High = MAX(143.00, AVG(149.82),149.38) = 149.82 TRADE RANGE CALCULATION TABLE (PRICE, LOW, HIGH, HLD): HLDX = 5.63 152.75[L: 148.76][H:156.51]HLD: 7.75][SEN: LT+BL][RNK: 1][STR: 29][SUP][Short Covering] 152.00[L: 147.04][H:154.58]HLD: 7.54][SEN: LT+BL][RNK: 3][STR: 6][RES][Short Covering] 148.25[L: 144.88][H:155.55]HLD: 10.67][SEN: LT+BL][RNK: 2][STR: 19][SUP][Short Covering] 148.00[L: 144.15][H:153.07]HLD: 8.92][SEN: LT+BL][RNK: 2][STR: 11][RES][Short Covering] 146.75[L: 144.15][H:153.07]HLD: 8.92][SEN: LT+BL][RNK: 3][STR: 1][SUP][Short Covering] 146.00[L: 142.70][H:149.82]HLD: 7.12][SEN: N][RNK: 1][STR: 29][RES][Short Covering] 143.00[L: 142.70][H:149.82]HLD: 7.12][SEN: N][RNK: 1][STR: 4][SUP][No Buying Interest] 142.50[L: 142.40][H:146.50]HLD: 4.10][SEN: N][RNK: 1][STR: 5][RES][No Buying Interest] 136.00[L: 0.00][H:0.00]HLD: 0.00][SEN: BR][RNK: 2][STR: 3][SUP][No Buying Interest] ------------7. HOW TO FIND INTRADAY SENTIMENT?------------ MINDNMONEY INTRADAY SENTIMENT INDEX ESTIMATOR: [Index range: -9 to 9] You need to calculate from INTRADAY MOST RECENT CYCLE (IMRC) (Not INTRADAY/DAY HIGH/LOW) Need to recalculate, when Cycle,Trend changes and/or every 1 hour to find the sentiment at that time. Start with 0, 1] If IMRC High is more than : 140.12 than add 1 Otherwise add -1. 2] If IMRC High is more than 146.29 than add 1 Otherwise add -1. 3] If IMRC High is more than 160.99 than add 1 Otherwise add -1. 4] If IMRC LOW is more than 135.96 than add 1 Otherwise add -1. 5] If IMRC LOW is more than 142.32 than add 1 Otherwise add -1. 6] If IMRC LOW is more than 156.67 than add 1 Otherwise add -1. 7] If IMRC or DAY AVERAGE is more than 138.64 than add 1 Otherwise add -1. 8] If IMRC or DAY AVERAGE is more than 144.44 than add 1 Otherwise add -1. 9] If IMRC or DAY AVERAGE is more than 159.19 than add 1 Otherwise add -1. Conclusion: If result is greater than 2 than Upward Move Possible, greater than 5 than More Upward Move Possible If result is between -2 & 2 than Upward/Downward - Bothside Move Possible If result is less than -2 than Downward Move Possible, less than -5 More Downward Move Possible -------------8. Last few weeks/days trend report-------------- Overall Trend from last few weeks (approx): PRICE TREND: LITTLE DOWNWARD [-3] DAILY HIGH: NEUTRAL [0] DAILY LOW: NEUTRAL [-1] DAILY AVERAGE: NEUTRAL [0] Last few days trend (approx): PRICE TREND: LITTLE DOWNWARD [-4] DAILY HIGH: NEUTRAL [-2] DAILY LOW: DOWNWARD [-5] DAILY AVERAGE: NEUTRAL [-2] ------------9. Disclaimer------------- This is a personal view or an opinion. Please study fundamentals of the script before investing. Market sentiment, news and announcement can change the trading behaviour. |
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