Wednesday, December 06, 2006

Intraday Data

If you are interested in intraday data (Power Indiabulls - > Amibroker) then go to http://niftytraders.dyndns.org:8080
Delay when reading PIB -> Amibroker is 0.005 seconds. However the real delay comes from the delayed write functionality of PIB which takes 30 seconds-1min before it writes live data to the hdd.
So net mean delay would be around 45 seconds. Keep in mind there are services charging 3000 Rs a month for 5 min delayed data so this is not a bad deal at all!

Cost is 5000 Rs for one year or you can lease for 500 Rs per month.

Contact me on yahoo: rajak1981@yahoo.com if you would like to make a purchase.
If you have another terminal like PIB and need a plugin for a your data source then you can also drop me a line.
You will need to show me the format of the data source and I can code the plugin for you (Cost will remain 5000Rs)

P.S : My niftytraders sites will be down for a day or 2 because my comp has a nasty sdbot worm. In the process of cleaning it up

Sunday, December 03, 2006

REL follow the trend



New Trading framework which i call the trendline warrior.
Just need to figure out which trend to follow :))
careful around 556 could kill the move.

Mtnl inv H&S? forming? or w4 triangle?


Could go either way
Trade the trendline?
or your favorite moving average ex 13/21 ema

Bullish divergence possibly forming a very long term bottom

BEL Concrete study ABC setup now moving



Bel was sugggested as a buy from 1100-1200
and then as a breakout trade with 1200 calls above 1200 for a target of 1400.
Here is the picture for the setup
Min target to me seems to be 1241 within 2-3 days, 1282 within 2-3 weeks and 1408 within 2-3 months.
My favored target is 1400
I Do not have a long position in BEL yet.