Indian Stocks under Rs 500 - A statistical approach

Yes, in-house tool. Otherwise, you can simply go to investing.com and create a favorites/profile of stocks.

Day 2: Summary (Options were taken on the first hour of the day)

Day 3 Chart:

A) Items grey out - set up invalid, hence replaced with other potential instrument
B) Yellow highlighted items - New entry
C) Green - Successfully closed
D) White - Continuing as set up still valid - with higher stake

Today's first hour - check the comments/observation

Day 3 chart - win% increased from 10% to 35%.

Day 4: portfolio

Result at the moment:

Win rate is increased to 42% - Week 1 is closed. Next analysis will be done on Monday evening for Tuesday market.

Strategy:

Generating Call/Put/No-Decisions based on Historical data applying Time series analysis: This is the only statistical approach I have at the moment.

The below is the latest scan for today which gives 100% correct decision after I updated the logic for decision making.

To make the decision the alert has to pass through 4 filters. Trade when all agrees.

A) Filter for Max Trend: scan max possible data points based on trading date
B) Filter for Max Trend: scan max possible data points based on trading date & Month
C) Filter for Current Month Trend
D) Filter for Current Week Trend

Put options generated for the below stocks for trading on 24th.

GICHSGFIN - GIC Housing Finance Limited
ONGC
COALINDIA
IOC
SUNPHARMA
KRBL - KRBL Limited

Trading for the day:

Result # Day 2

Forecasting will resume on new year, till then wishing you Happy Holidays, Merry X-Mas & Happy New Year!

Signals - PUT Forecast for 7th Jan 2020

STARPAPER.NS
DYNPRO.NS
RAMANEWS.NS
NAGAFERT.NS
STEELXIND.NS
SHREYANIND.NS
GSCLCEMENT.NS
PDMJEPAPER.NS
JUBLINDS.NS
UVSL.NS
AGARIND.NS

Success rate jumped upto 91%

PUT signals for 9-Jan-2020 from Mega Cap sector

Did not go well mega cap sector just 23% of win rate.