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MINDNMONEY SENTIMENT INDEX - brought to you By Tipsonhand.com - 533106 [ OIL ], OIL INDIA LTD. - MINDNMONEY INTRADAY SENTIMENT INDEX ESTIMATOR for 09/16/2016 |
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MINDNMONEY INTRADAY INDEX SENTIMENT ESTIMATOR for: 533106 : OIL INDIA for 16 September 2016---------------------------- OPENING DAY TRADE SENTIMENT for 16 September 2016: DOWNWARD [ NEUTRAL TO BEARISH BELOW 392.41 ] TRADING CALL for 16 September 2016: Sell on rally, cover position on weakness... # watch out for short covering, buying interest LAST TRADING SHOWS: Selling 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 : 389.62 than add 1 Otherwise add -1. 2] If IMRC High is more than 395.21 than add 1 Otherwise add -1. 3] If IMRC High is more than 407.17 than add 1 Otherwise add -1. 4] If IMRC LOW is more than 384.05 than add 1 Otherwise add -1. 5] If IMRC LOW is more than 388.44 than add 1 Otherwise add -1. 6] If IMRC LOW is more than 399.12 than add 1 Otherwise add -1. 7] If IMRC or DAY AVERAGE is more than 385.87 than add 1 Otherwise add -1. 8] If IMRC or DAY AVERAGE is more than 391.21 than add 1 Otherwise add -1. 9] If IMRC or DAY AVERAGE is more than 401.82 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: 396.95 O: 390.00 L: 386.85 H: 394.00 A: 389.82 C: 392.45 Short term trend report for 533106 - OIL INDIA as of 15 September 2016 ------------------------------------------------------------ Overall Trend from last few weeks (approx): PRICE TREND: NEUTRAL [-1] DAILY HIGH: LITTLE UPWARD [4] DAILY LOW: LITTLE UPWARD [4] DAILY AVERAGE: NEUTRAL [-2] Last few days trend (approx): PRICE TREND: EXTREME DOWNWARD [-9] DAILY HIGH: NEUTRAL [0] DAILY LOW: UPWARD [4] DAILY AVERAGE: EXTREME DOWNWARD [-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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-: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. |