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MINDNMONEY SENTIMENT INDEX - brought to you By Tipsonhand.com - 523630, NATIONAL FER - MINDNMONEY INTRADAY SENTIMENT INDEX ESTIMATOR for 10/10/2011 |
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DAYTRADING SOFTWARE NOW AVAILABLE, ASK FOR DEMO
MINDNMONEY INTRADAY INDEX SENTIMENT ESTIMATOR for: 523630 : NATIONAL FER for 10 October 2011---------------------------- OPENING DAY TRADE SENTIMENT for 10 October 2011: NEUTRAL [ NEUTRAL ARROUND 67.72 ] TRADING CALL for 10 October 2011: Buy in Dip , Sell on rally or vice versa LAST TRADING SHOWS: No Buying Interest 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 : 66.43 than add 1 Otherwise add -1. 2] If IMRC High is more than 68.49 than add 1 Otherwise add -1. 3] If IMRC High is more than 70.31 than add 1 Otherwise add -1. 4] If IMRC LOW is more than 63.81 than add 1 Otherwise add -1. 5] If IMRC LOW is more than 65.43 than add 1 Otherwise add -1. 6] If IMRC LOW is more than 67.13 than add 1 Otherwise add -1. 7] If IMRC or DAY AVERAGE is more than 64.71 than add 1 Otherwise add -1. 8] If IMRC or DAY AVERAGE is more than 66.60 than add 1 Otherwise add -1. 9] If IMRC or DAY AVERAGE is more than 68.34 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 7 October 2011 Prices (BSE): PC: 67.30 O: 68.00 L: 66.00 H: 69.00 A: 67.16 C: 66.35 Short term trend report for 523630 - NATIONAL FER as of 7 October 2011 ------------------------------------------------------------ Overall Trend from last few weeks (approx): PRICE TREND: LITTLE DOWNWARD [-4] DAILY HIGH: DOWNWARD [-5] DAILY LOW: DOWNWARD [-5] DAILY AVERAGE: LITTLE DOWNWARD [-4] Last few days trend (approx): PRICE TREND: NEUTRAL [-2] DAILY HIGH: LITTLE DOWNWARD [-3] DAILY LOW: LITTLE DOWNWARD [-3] DAILY AVERAGE: NEUTRAL [-2] 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. |