A friend has some Amibroker Scanner aptly named : Predictive Power ! At EOD it Scans all Stocks in Futures and Predicts there move for next day.
My friend claims its 70+% accurate. One needs to take position in Stocks List generated just for the day and exit at ~0.9% profit.
Has anyone heard of it or something similar?
Here is a Stock list for tomorrow. In case of Buy List, Buy 0.1% above the level given as a cushion and expect it to rise by minimum 1% above the level mentioned.
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Buy for 18th Aug 2014
ADITYA BIRLA NUVO LIMITED 1451
AMBUJA CEMENTS LTD 213.5
ASHOK LEYLAND 34.95
CIPLA 453.65
CROMPGREAV 198.9
GRASIM 3315.6499
ICICI BANK LTD 1489.4
JSW STEEL LIMITED 1279.45
KARNATAKA BANK 123.6
RELIANCE INDS 1007.7
STEEL AUTHORITY OF INDIA LTD 85.4
UNITED SPIRITS LIMITED 2384.8
UPL 314.65
VOLTAS 222.5
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On cross checking I found that the level mentioned is HIGH of the previous day !
My friend claims its 70+% accurate. One needs to take position in Stocks List generated just for the day and exit at ~0.9% profit.
Has anyone heard of it or something similar?
Here is a Stock list for tomorrow. In case of Buy List, Buy 0.1% above the level given as a cushion and expect it to rise by minimum 1% above the level mentioned.
**********************************
Buy for 18th Aug 2014
ADITYA BIRLA NUVO LIMITED 1451
AMBUJA CEMENTS LTD 213.5
ASHOK LEYLAND 34.95
CIPLA 453.65
CROMPGREAV 198.9
GRASIM 3315.6499
ICICI BANK LTD 1489.4
JSW STEEL LIMITED 1279.45
KARNATAKA BANK 123.6
RELIANCE INDS 1007.7
STEEL AUTHORITY OF INDIA LTD 85.4
UNITED SPIRITS LIMITED 2384.8
UPL 314.65
VOLTAS 222.5
********************************************
On cross checking I found that the level mentioned is HIGH of the previous day !