Examples of the accuracy & precision of Parastock are as follows:
- Short-term support
- Short-term resistance
- Sell signal
- Buy signal
- Warning signal
- Normal Rise Level
- Normal Fall Level
BALAJI TELEFIL Can be good sell signal. Sell with Stop loss = 325.
Date 07-Dec-2000 Sell below = 276.53
Let us look at what happened on 08/12/2000 in Balaji Telefilms. The share price did not go below the Sell Below level (short-term support) of Rs.276/53. Infact it made a low of Rs.276/60.A look at the data window below will explain things better.
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=
=
& last down target =
Let us see what happened on
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Examples wherein the stocks/indices are unable to go below the Short-term support levels generated by Parastock a day in advance:
=
for trading on 02/01/2001. Meaning that the short-term support for the share exists at Rs.780/29. Let us see what actually happened on 02/01/2001. That the share price of
actually did not go below Rs.780/29.The lowest price recorded on 02/01/2001 is 781/-.
On
=
for trading on 02/01/2001. Meaning that the short-term support for the share exists at Rs.1259/34. Let us see what actually happened on 02/01/2001.That the share price of
did not go below 1259/34. The lowest price recorded on 02/01/2001 is 1260/25.
=
for trading on 02/01/2001. Meaning that the short-term support for
exists at 1246/70. Let us see what actually happened on 02/01/2001.That the value of
did not fall below
. The lowest value of
recorded on 02/01/2001 is 1248/55.
=
for trading on 02/01/2001. Meaning that the short-term support for
exists at 3929.89. Let us see what actually happened on 02/01/2001.That the value of
did not fall much below
. The lowest value of
recorded on 02/01/2001 is 3929/37.
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