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Use Fibbonacci to earn profit in Stock market

Sunday, October 24, 2010 | Labels: , , | 0 Comments |

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When, I was studying Technical analysis. I had come through so many subjects.
One of my favorite topics is Fibonacci. It is only technique which
can be used without any graphical chart also. It can be used with less
cumbersome mathematics(If you are in market don't run away from math)

First me introduced you with Fibonacci, all those definition are choose from
various web and present here as per my interest


  • Introduction with Fibonacci

Indian Sanskrit grammarian, Pingala, is credited with the first mention
 of the sequence of numbers, between the fifth century B.C.
and the second or third century A.D. Since Fibonacci introduced the
series to Western civilization, it has had a high profile from time
to time. Recently, in The Da Vinci Code, for example, the Fibonacci
sequence is part of an important clue. Another application, the Fibonacci
poem , is a verse in which the progression of syllable numbers per line
follows Fibonacci's pattern. To read more

Fibonacci is amazing mathematical series.
A series of whole numbers in which each number is the sum of the
two preceding numbers. Beginning with 0 and 1, the sequence of Fibonacci
numbers would be 0,1,1, 2, 3, 5, 8, 13, 21, 34, etc. using the
formula n = n(-1) + n(-2), where the n(-1) means "the last number before n
in the series" and n(-2) refers to "the second last one before n in the
series." To read more


I think you can now familiar with what is Fibonacci, let's forget all those
definition

Just keep in mind That Fibonacci is amazing mathematical series which can be
used for milking profit from market.

Fibonacci series no=0, 1, 1, 2, 3, 5, 8, 13, 21, 34, 55, 89, 144 just keep
adding last no. with previous one...

This series creates so many amazing thing in nature.
It is used for to predict rabbit reproduction, to predict seeds in sunflower.
One can easily know how many petals on flower.

  • How to use Fibonacci in Stock market?

Fibonacci series of no. and it's ratio can be used in Technical analysis,
no matter doesn’t know Elliot wave Technique.

There are  significant ratios. The ratio of 2 numbers in sequence
approaches 1.618 as the series progresses.
In stock market analysis, the percentages derived from the
Fibonacci sequence are 61.8%, 38.2% (100%-61.8%) and 50%. Those ratios are
important to us in stock market.



You can watch in above diagram How to use it in actual way.

In Nifty I like to share you one secret. If Nifty(spot) is stuck good amount
time between 0.38%-0.46% then current trend changes in 180 degree.
That means if it stuck on positive trend 0.38%-0.46%, then it will goes in
negative or if it stuck on negative trend 0.38%-0.46%, then it will goes in
positive. (It really works!!!) . Find use of this series for other stock and
report to us for our reader’s sake.

Precaution:-Keep it in mind. if you want to use it, then practice it your
own.
You can study Fibonacci more deeply. If you are here till the end of this page that means that my
aim to introduced you one of the technique of technical analysis.

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Indian Stock market and Charting software

Thursday, October 21, 2010 | Labels: | 0 Comments |

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Indian Stock market and Charting software


I am go through various forum and discussion board in search of charting software.
There is huge crowd in search of good charting software. Most of Indian broker start to provide real-time charting, but they are lagging so much(If we are think about Indian provides software to world, it is still lagging). Sharekhan and  Indiainfoline are among those who provide software with real-time.
Then, why are so many trader and market enthusiastic are in search and paying for Real-time data provider for advance charting software?  Why are traders wondering and searching for illegal software and data provider for them. If one go through price list of data provider, one laugh on oneself.
Is really those data have too much to pay for that? Why most of traders are not satisfied with broker provider software.

"One Picture are expresses thousand words".

Traders are in search with ultimate software which will provide them freedoms to use various indicator on chart with higher accuracy and real-time.

Prices of stock software are really high. One can't afford it on initial level of trading ( I am talking average capital trader like me).
Knowledge is if bounded with various restrictions then own goes by various way to pursue it. Human being can not live without freedom and knowledge. We have example of Karna in Mahabharta epic.
He was knowledge seeker. He  pursue knowledge, with paying more than what he is getting.

There are some wants from charting software. (It is all behind than features of charting software)

  • It should be affordable price.
  • It should allow user to use tremendous library of Technical analysis indicators.
  • It should allow drawing various types of trend line.
  • It should allow to low level programming for indicators. ₨
  • It should work with real-time.
  • It should be user friendly.
  • It should use on-line as well as off line.
  • It should have facility to send order through them (optional one for me.)
  • At last again it should be at affordable price.

I think open source community is really good project. Why still they are not coming with such software?
I like to make request, if you have ability to donate some money then always try to support funding for open source community. There is really doing good work. (No one can’t live without bread and butter)
                                                                                   I had tried;
Qtstalker
AIOTrader
Jstock

Indian Stock market and Charting software
All those are under GNU license. That means Free to use and modified. I really feel regret , why I am not programmer?
Above developer are trying very good, still I am not satisfied with them.
I am not against paying. If I am thinking for paying, I can't pay initially to anyone. If one satisfied and earn some profit ,then  only pay to some other.(Those are my thoughts)
Indian software companies are huge potential. They have huge market in India. If Indian software companies are looking and learning business tactics from FMCG companies, they can easily tap the market. ( I don’t want to say that sell software in Rs.1).


If I am right , then there is still huge chances to penetration of Indian stock market in depth of every layer of community. There is so many people who are waiting for good charting software because of  lack of money. One must take consideration. Give full authority to use as power user. Hope this article goes in eyes of policy makers of big brokering firm.

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Nifty Prediction for 18/10/2010

Sunday, October 17, 2010 | Labels: | 0 Comments |

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Nifty remain in Negative in last to session after giving rise of
143 points on 13/10/2010 last two session were suck this advances in Nifty.
If today Nifty remain negative then one can think for long waited
correction in Nifty. This correction at first glance on chart indicate towards
5400 level. Still there is chances to go positive...

Today's Nifty levels are like following, which will act as crucial points
for intraday movements.


5957-6010-6050-6085-6107-6125-6143

Following are stock with good movement for intraday in them in future;

RCF
Vijaya Bank
Unitech

This stock list doesn't indicate bullish or bearish. It is for information
purpose to milk out profit from momentum in them.

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Happy Dahera to All my Readers!!

Saturday, October 16, 2010 | | 1 Comments |

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Today is festival of Dashera in India.
Indian tradition and culture is one of finest culture. In Indian culture
a common day is become festival. Dashera is festival of victory.

All Indian are make their morning with cleaning in house and vehicles.
All the business related thinks and tools are cleaned and make praise of
them today.

I like festivals. Festivals changes life. Festival fills color in life of
human being. It is pause from busy days.It creates joy in life. I like it,
one can't imagine what I think. New breath, new day of festivals help me
to stand and walk for new days with full of zest.

Festival fill me with new spirit for new days.

One must enjoy life as every day as festival. So we are always fill with energy.

I will start blogging again with new spirit.

From last few months I in search with new and exact method to predict moment
of Nifty and other stock. I was studying hard for few days. I know, I am slow.
still I try to make my goal almost 30-40% accomplish.

Keep with me for coming day, I will put my study and achievement here for my

readers knowledge.

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