Shreema Infotech Services Pvt. Ltd. is providing following products.
The Software, viz Bazaar Indicators is available for Capital and Commodity Market. This software provides the guidelines to the traders and investors as well. This is providing data and guidelines for both the exchanges, i.e. BSE and NSE of Capital Market and MCX and NCDEX of Commodity Market.
The Bazaar Indicators provides the analysis for all the scripts listed/traded in both the exchanges in cash and derivative segments, i.e. future contracts. The levels provided here, gets changed everyday after updating the daily data, i.e. “bhav copy”. The daily data has to be updated regularly to get the proper interpretation. This daily data will be available in the evening on our web site, which should be downloaded daily for updating.
Analysis and strategies provided in Bazaar Indicators are subject to the basic principles of trading/investing. Viz. Always trade with the concept of stop losses, trade according to the capacity, never trade in various stocks at a time, always trade in the liquid stocks etc.
IMPORTANT NOTES AND DISCLAIMER
We suggest you to read the PRINCIPLES, specially formed for the day traders, for interpreting the language used by us in our instruments. We also suggest you to read this DISCLAIMER since with any trading strategy there is always a risk of loss, particularly when it is in the nature of speculative.
- Suggestions to the daily traders to be borne in mind for the instrument designed depending upon the Support and Resistance levels. It is not claimed that these instrument would result into 100% success. But it if the level suggested are referred to frequently while trading every day and followed, satisfying success is very likely in speculative trading.
- First of all, it should be clearly understood that suggestions in the instrument are useful only for intraday traders only wherein levels of Sensex/Nifty are playing an important part. Hence para I of the instrument should be referred frequently / again and again.
- The language of this instrument is based on the factors of “Ifs” and “Buts”. In such case to continue the trading is not advisable in a one sided way for a long time.
- For Bulls rates of support level should be considered as stop loss for that particular day. Whenever, 2 – 3 rates are mentioned it is to be understood that if upper rate is broken than the next rate should be considered as another stop loss or support level and so on.
- For Bears the rates of resistance levels should be treated as stop loss. Whenever 2 -3 rates are mentioned, it should be understood that if one rate is broken the next rate should be considered as stop loss or resistance level and so on.
- Panic / Rally carry much weight here. Traders should remember the rate before the Panic / Rally as stop loss. It is always better if it is possible introduce this level in computer as stop loss trade with little(.75%) margin against your trade. With this practice short term traders(intraday traders in particular) is most likely to save himself from huge speculative loss.
- Many a times favorites scripts do not response to levels of support and resistance. In such case these scripts should be forgone at least for that day. If this is too is not possible the trading should be done with the assistance of Weighted Average shown in the terminals. If the Sensex/Nifty is showing upward movement and the script you are interested is also moving up than deduct 0.75% from Weighted Average and use this level as stop loss in your positive trade. In opposite case, if the Sensex/Nifty is showing downward movement and the script you are interested is also moving down than add 0.75% in Weighted Average and use this level as stop loss in your negative trade.
- As for the suggestions, the attentions of the user of this instrument are drawn towards the fact that it is better to make use of this facility and shoot the tangible target than to shoot in dark. The success is very likely to be the result of this.