Sunday, November 05, 2006

Magic chart

This is Magic chart using this you can deside resistance and support for any stock. It is also work for Sensex and nifty. Using this you become analyst your slef for FREE. It is usefull in daytrading aswell delivery also


481632641282565121024
44160176640704256028161024011264
4815219260876824323072972812288
5214420857683223043328921613312
5613622454489621763584870414336
6012824051296020483840819215360
64120256480102419204096768016384
68112272448108817924352716817408
72104288416115216644608665618432
7696304384121615364864614419456
8088320352128014085120563220480


for how to use this Magic chat mail me at vkg006@yahoo.co.in

or visit here .

5 comments:

SmallGuru said...

HOW TO USE MAGIC CHART
Lesson 1
DLINK 'S prise is Rs 85. Now locate 85 in chart. There is no exact 85 in chart. There is 80 and 88 in chart 85 is near to 88. So it will go upto 88. In first row ( Which is in color ) is base figures. 88 is second column it's left coloumn (First) base figure is 4. For upper target add 4 to 88. so 88+ 4 = 92 so if stock trades above 88 it will go upto 92 over it 92+4 = 96 and in chart 88's next figer is 96 so 96 is strong resistance for stock's prsie is 85-90.
For lower ( Dwon) side 88 - 4 = 84 so 84 is suport. It stock trades below 84 it will go down upto 80 below 80 there is way for 76 -72.
Now United Phosphers prise is 328. Find out It's resistance and suport your self and tell me .

Anonymous said...

Smallguru,
Here is the calculation on United Phosphers -

closest figure in the chart 320
base fiture - 8

Upside - 328 , 336, 344, 352 which is found as next figure in the chart so 352 becomes the strong resistance for the stok.

Lower - 312, 304 which is found on the chart so 304 becomes the strong support below that 288 and so on...

Please correct me if I am wrong.
Thanks,
-Mahesh

Anonymous said...

Here is my question, what is the stock price is say 72. how would the calculations go since there is no colum for base figure ahead of this colum?

Anonymous said...

Another question how to find work out for the stock with price in the range of
A) 1 to starting figure in the table
B) from the last figure to n where n could be 10000 or any number

Anonymous said...

I have seen magic of 14336. It's work very well.