I am starting my first tread. This thread will act as my own diary because I have created a Quant Model Based on EOD Data, Volatility, P/E, P/B, Yield and Statistical Analysis. This thread is purely for observation purpose so that people should not take the calls unless they are completely confident about the call.
This way I can also track the calls made by me and would like to urge traders to provide their feedback.
All calls are based on EOD data of previous day and time frame to trade (Entry and exit) is next day.
there are some rules which need to be followed:
1. If the call is buy or sell then if the opening price crosses optimal range of entry or stop loss before trade has taken place then please do not trade.
2. Exit and SL is as per individual greed and risk appetite, but I would suggest please follow the instruction.
3. All prices are based on spot market, so please follow spot market to trade
Market Snapshot of April 08, 2011
Nifty clocked intraday volatility of 1.8%, which is lower than the long term average. Immediate support level lies at 5800 and resistance level lies at 5905 respectively. FII's bought INR 2688.69 and sold INR 2303.84 crores, whereas DII's bought INR 982.97 and sold INR 1111.37 crores in the cash market respectively. Indian rupee strengthen by INR 0.08 vis-a-vis USD.
No Call to Trade for April 11, 2011
Nifty Quant
This way I can also track the calls made by me and would like to urge traders to provide their feedback.
All calls are based on EOD data of previous day and time frame to trade (Entry and exit) is next day.
there are some rules which need to be followed:
1. If the call is buy or sell then if the opening price crosses optimal range of entry or stop loss before trade has taken place then please do not trade.
2. Exit and SL is as per individual greed and risk appetite, but I would suggest please follow the instruction.
3. All prices are based on spot market, so please follow spot market to trade
Market Snapshot of April 08, 2011
Nifty clocked intraday volatility of 1.8%, which is lower than the long term average. Immediate support level lies at 5800 and resistance level lies at 5905 respectively. FII's bought INR 2688.69 and sold INR 2303.84 crores, whereas DII's bought INR 982.97 and sold INR 1111.37 crores in the cash market respectively. Indian rupee strengthen by INR 0.08 vis-a-vis USD.
No Call to Trade for April 11, 2011
Nifty Quant