BUY RECOMMENDATIONS ON VARIOUS STOCKS OF FUTURE AND OPTIONS

Abstract

Through this project my model will give the buy recommendation on various stocks from Future and Option index of Indian Stock Market. This strategy will be applicable for both the short and long term investors. It will give entry points for the long term investors of the stock market. My model will provide buy recommendations on various stocks from the Indian Stock Market's Future and Option indexes through this project. This technique can be used by both short-term and long-term investors. It will have entry points for long-term stock market investors. Technical Analysis (also known as TA) is a common technique for doing exactly that. It not only assists in developing a point of view on a specific stock or index, but also in defining the trade in terms of entry, exit, and risk. The project that my model takes into consideration combination of variables instead of one. My model takes into consideration all the variable whether there is long buildup in the stock, RSI, MACD and PVO. My model fetch market data which includes prices (Both Last traded price and historical prices), open, high, low, open interest data and other data online and it updates automatically. For fetching the data in my model I have used Google Sheets and there is in build function named Google-finance, with which my model can fetch data automatically. Some of the data is real-time (with little day than frequent changes on NSE) and some data my model get at the end-of-the day. Based on the end of the day data, my model will get some stocks under strategy which are for Buying for tomorrow's trading session. And all the data will automatically update.