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MINDNMONEY SENTIMENT INDEX - brought to you By Tipsonhand.com - 500315, ORINTAL BANK - MINDNMONEY INTRADAY SENTIMENT INDEX ESTIMATOR for 05/23/2012 |
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DAYTRADING SOFTWARE NOW AVAILABLE, ASK FOR DEMO
MINDNMONEY INTRADAY INDEX SENTIMENT ESTIMATOR for: 500315 : ORINTAL BANK for 23 May 2012
---------------------------- OPENING DAY TRADE SENTIMENT for 23 May 2012: UPWARD [ EXTENDED BULLISH ABOVE 220.75 ] TRADING CALL for 23 May 2012: Buy in weakness, Hold long positions, Wait to Sell... # watch out for profit booking, selling interest LAST TRADING SHOWS: Buying Interest (Volume: NORMAL) 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 : 218.83 than add 1 Otherwise add -1. 2] If IMRC High is more than 224.56 than add 1 Otherwise add -1. 3] If IMRC High is more than 230.76 than add 1 Otherwise add -1. 4] If IMRC LOW is more than 212.88 than add 1 Otherwise add -1. 5] If IMRC LOW is more than 216.99 than add 1 Otherwise add -1. 6] If IMRC LOW is more than 222.28 than add 1 Otherwise add -1. 7] If IMRC or DAY AVERAGE is more than 216.74 than add 1 Otherwise add -1. 8] If IMRC or DAY AVERAGE is more than 221.30 than add 1 Otherwise add -1. 9] If IMRC or DAY AVERAGE is more than 226.19 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 Last trading on 22 May 2012 Prices (BSE): PC: 219.40 O: 222.10 L: 217.70 H: 225.60 A: 222.06 C: 219.55 Short term trend report for 500315 - ORINTAL BANK as of 22 May 2012 ------------------------------------------------------------ Overall Trend from last few weeks (approx): PRICE TREND: LITTLE UPWARD [3] DAILY HIGH: NEUTRAL [0] DAILY LOW: LITTLE UPWARD [3] DAILY AVERAGE: NEUTRAL [1] Last few days trend (approx): PRICE TREND: UPWARD [4] DAILY HIGH: UPWARD [5] DAILY LOW: EXTREME UPWARD [9] DAILY AVERAGE: UPWARD [6] 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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-:Disclaimer:-Tipsonhand.com is a personal blogsite for educational purpose on different types of investments. Tipsonhand.com Website analysis is from historic data. It will give little idea on how to take positions depends on analysis. It is not necessary that stock price will fluctuate on suggested analysis. The accuracy of data and/or anaysis is not guaranteed. Please take advise from licensed stock broker or study fundamental of the company before any investment decision. Please do your own research before investing. Tipsonhand.com or any persons associated with website are not responsible for any outcome from your take on any of Tipsonhand.com website analysis. Tipsonhand.com or any persons associated with website are not licensed to give any advise or suggestion for any type of investment. |
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