Hello friends,
These recommendations are based on self made AFL in Amibroker. I have backtested the AFL on Nifty shares.
AFL has included one custom made indicator apart from MACD crossovers and stoch crossovers.
You have to be both Buy and Short the shares in order to gain the positions. Signals are generated very frequently and hence we cannot term it as Positional but Swing.
I am paper Trading these positions for next few days to enforce confidence in the system.
If interested watch them for next few days.
Ticker Trade Date Close
AMBUJACEM Short 18-12-2009 98.3000
BHARTIARTL Short 18-12-2009 317.8500
DLF Short 18-12-2009 357.4000
HCLTECH Buy 18-12-2009 365.3000
HINDALCO Short 18-12-2009 142.8500
IDEA Short 18-12-2009 56.9500
ITC Short 18-12-2009 247.0000
JINDALSTEL Short 18-12-2009 707.6500
ONGC Short 18-12-2009 1185.2500
RANBAXY Buy 18-12-2009 530.3500
RELIANCE Short 18-12-2009 1007.6500
SAIL Short 18-12-2009 213.1000
SIEMENS Short 18-12-2009 553.5500
TATAMOTORS Buy 18-12-2009 733.9500
TATASTEEL Short 18-12-2009 563.2500
TCS Buy 18-12-2009 727.500
UNITECH Short 18-12-2009 80.2000
No of shares shown as SHORT are more than No of shares shown as LONG that confirms overall bearish trend.
The date and price shown above are on the date with closing price the signal is generated. Enter the trades at the opening price of the scrip on next trading day.
Since there are both SHORT and LONG, these are best suited for Futures and Options. Longs can be tested on Cash Shares as well.
Hoping for a Smooth sail.
These recommendations are based on self made AFL in Amibroker. I have backtested the AFL on Nifty shares.
AFL has included one custom made indicator apart from MACD crossovers and stoch crossovers.
You have to be both Buy and Short the shares in order to gain the positions. Signals are generated very frequently and hence we cannot term it as Positional but Swing.
I am paper Trading these positions for next few days to enforce confidence in the system.
If interested watch them for next few days.
Ticker Trade Date Close
AMBUJACEM Short 18-12-2009 98.3000
BHARTIARTL Short 18-12-2009 317.8500
DLF Short 18-12-2009 357.4000
HCLTECH Buy 18-12-2009 365.3000
HINDALCO Short 18-12-2009 142.8500
IDEA Short 18-12-2009 56.9500
ITC Short 18-12-2009 247.0000
JINDALSTEL Short 18-12-2009 707.6500
ONGC Short 18-12-2009 1185.2500
RANBAXY Buy 18-12-2009 530.3500
RELIANCE Short 18-12-2009 1007.6500
SAIL Short 18-12-2009 213.1000
SIEMENS Short 18-12-2009 553.5500
TATAMOTORS Buy 18-12-2009 733.9500
TATASTEEL Short 18-12-2009 563.2500
TCS Buy 18-12-2009 727.500
UNITECH Short 18-12-2009 80.2000
No of shares shown as SHORT are more than No of shares shown as LONG that confirms overall bearish trend.
The date and price shown above are on the date with closing price the signal is generated. Enter the trades at the opening price of the scrip on next trading day.
Since there are both SHORT and LONG, these are best suited for Futures and Options. Longs can be tested on Cash Shares as well.
Hoping for a Smooth sail.