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MINDNMONEY SENTIMENT INDEX - brought to you By Tipsonhand.com - 500770 [ TATACHEM ], TATA CHEMICALS LTD. - MINDNMONEY INTRADAY SENTIMENT INDEX ESTIMATOR for 09/16/2016 |
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MINDNMONEY INTRADAY INDEX SENTIMENT ESTIMATOR for: 500770 : TATA CHEM. for 16 September 2016---------------------------- OPENING DAY TRADE SENTIMENT for 16 September 2016: LITTLE UPWARD [ NEUTRAL ARROUND 548.63 ] TRADING CALL for 16 September 2016: Buy in weakness, Partial Sell on Rally (book some profit) LAST TRADING SHOWS: Short Covering (Volume: SOMEWHAT) 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 : 548.15 than add 1 Otherwise add -1. 2] If IMRC High is more than 561.70 than add 1 Otherwise add -1. 3] If IMRC High is more than 599.06 than add 1 Otherwise add -1. 4] If IMRC LOW is more than 523.57 than add 1 Otherwise add -1. 5] If IMRC LOW is more than 547.89 than add 1 Otherwise add -1. 6] If IMRC LOW is more than 579.84 than add 1 Otherwise add -1. 7] If IMRC or DAY AVERAGE is more than 531.66 than add 1 Otherwise add -1. 8] If IMRC or DAY AVERAGE is more than 551.97 than add 1 Otherwise add -1. 9] If IMRC or DAY AVERAGE is more than 589.20 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 15 September 2016 Prices (BSE): PC: 555.45 O: 558.00 L: 544.90 H: 558.45 A: 549.15 C: 549.40 Short term trend report for 500770 - TATA CHEM. as of 15 September 2016 ------------------------------------------------------------ Overall Trend from last few weeks (approx): PRICE TREND: DOWNWARD [-5] DAILY HIGH: NEUTRAL [-2] DAILY LOW: NEUTRAL [-2] DAILY AVERAGE: NEUTRAL [-2] Last few days trend (approx): PRICE TREND: DOWNWARD [-7] DAILY HIGH: EXTREME DOWNWARD [-9] DAILY LOW: DOWNWARD [-7] DAILY AVERAGE: DOWNWARD [-7] 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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