GODREJCP TCFL BREAKOUT

GODREJCP has broken out  of  our proprietary indicator TCFL auto drawn on the chart and looks now set to Trend up.  Please find attached the TradersCockpit Advanced Chart with Autodrawn   TCFL Cloud and screener dashboard.  To know more about these advanced tools, please call us on 080-39275521 or 0-8123333977

ASIAN PAINTS TC TRENDLINE BREAKOUT

ASIAN PAINTS has broken out of  our proprietary indicator TC Trendline auto drawn on the chart and looks now set to Trend up.  Please find attached the TradersCockpit Advanced Chart with Autodrawn Trendline  and  TCFL Cloud.  To know more about these advanced tools, please call us on 080-39275521

LUPIN - TC Trendline Breakout

LUPIN has broken out of  our proprietary indicator TC Trendline auto drawn on the chart and looks now set to Trend up.  Please find attached the TradersCockpit Advanced Chart with Autodrawn Trendline  and  TCFL Cloud.  To know more about these advanced tools, please call us on 080-39275521

Demystifying Algo Trading in India

As defined by NSE, Automated Trading (also popularly known as Algorithmic Trading or Algo trading in short) shall mean and include any software or facility by the use of which, upon the fulfillment of certain specified parameters, without the necessity of manual entry of orders, buy/sell orders are automatically generated and pushed into the trading system of the Exchange for the purpose of matching.

SEBI has allowed Exchanges to extend Algorithmic trading facility to members involving usage of various Decision Support Tools / algorithms / strategies

 Algorithmic trading can be used either for high frequency trading (HFT) OR quant-based trading.

In HFT, the trade decisions are taken and executed hundreds of times in less than 1 second. So, the strategies require the kind of infrastructure and software management which could only be afforded by Institutionals and they use it for deploying huge amount of funds and predominantly play on arbitrage between instruments / exchanges / indices  etc. So, these are low risk moderate returns strategies deploying huge amount of funds.

In Indian stock markets the Algo trade volume is  predominantly HFT led by Institutionals and was around 40% of total trades in NSE and BSE in March 2015, a substantial increase since 2008 when it was allowed first time here. More than 80% of the Indian institutional trading flow (from both FIIs and Domestic Fund Managers) goes through algorithmic execution currently.

In comparison, Algorithmic trades accounts for over 75% of equity trading in the US markets where it also includes quant based trading as well .

 In Quant based Trading (which also includes technical analysis based trading), the performance over a period of time is analysed with the use of historical data and back testing. Based on this, strategies are developed, tested and optimised. Typically, these strategies would not involve a very high frequency of trades. These are primarily designed to seek alpha and do not involve very high cost infrastructure and therefore very suited for adoption by individuals.

In India, there are Order Management Systems (OMS) available which allow for such trading from companies such as Omnesys and Symphony. But strategy development, backtesting platform which could automate the entire process from start to end, is not available.

Also, educated and informed traders who could create powerful alpha seeking quant strategies are also few in number.

So, despite the benefits of algorithmic trading, since currently it remains too opaque a concept for most, it is not getting adopted.

So, there is clear requirement of an easy-to-configure quant strategies based strategy development, backtesting and deployment platform which could simplify and fructify the quant based algorithmic trading for individual traders.

TradersCockpit has now created such a platform and has acquired the necessary approval from NSE for its algorithms deployed on that platform working along with like-minded brokers and is now set to start offering this to individual traders. To know more, contact the customer support at TradersCockpit or email connect@traderscockpit.com

 Important links to refer to read more about algo trading: 

 http://www.nseindia.com/technology/content/trad_tech_algo.htm

http://www.businesstoday.in/investment/algorithm-trading-can-help-make-gains-in-stock-markets/story/14984.html

Most important company results dates in next 2 months

Most important Company Results dates are below:
To see all companies result/scheduled announcement dates, click here

 

Tuesday, January 12, 2016
IndusInd Bank (INBK')
Tata Consultancy (TCS)
Yes Bank (YESB)

Wednesday, January 13, 2016
Bajaj Auto (BAJA)

Thursday, January 14, 2016
Infosys (INFY)
Reliance Industries (RELI)

Friday, January 15, 2016
Hindustan Unilever (HLL)
Zee Entertainment (ZEE)

Monday, January 18, 2016
Asian Paints (ASPN)
Kotak Mahindra Bank (KTKM)
Wipro (WIPR)

Tuesday, January 19, 2016
HCL Technologies (HCLT)
ITC (ITC)

Wednesday, January 20, 2016
AXIS Bank (AXBK)
Cairn India (CAIL)

Thursday, January 21, 2016
Colgate-Palmolive (COLG)
UltraTech Cement (ULTC)

Monday, January 25, 2016
Idea Cellular (IDEA)
Maruti Suzuki (MRTI)

Tuesday, January 26, 2016
Adani (APSE)

Wednesday, January 27, 2016
Dr. Reddy's Labs (REDY)
Housing Development Finance (HDFC)
Vedanta Ltd (VDAN)

Thursday, January 28, 2016
Bank Of Baroda (BOB)
ICICI Bank (ICBK)
Tech Mahindra (TEML)

Friday, January 29, 2016
Cummins India (CUMM)
Grasim Industries (GRAS)
NTPC (NTPC)

Monday, February 1, 2016
ACC (ACC)
Hero MotoCorp (HROM)
Lupin (LUPN)
Punjab National Bank (PNBK)

Tuesday, February 2, 2016
Bharti Airtel (BRTI)
Tata Power Co. (TTPW)

Thursday, February 4, 2016
GAIL Ltd (GAIL)
TATA STEEL (TISC)

Monday, February 8, 2016
Cipla (CIPL)
Larsen & Toubro (LART)

Tuesday, February 9, 2016
Bharat Petroleum (BPCL)
POWER GRID (PGRD)

Wednesday, February 10, 2016
Bharat Heavy Electricals (BHEL)
Bosch (BOSH)
Coal India (COAL)
Hindalco Industries (HALC)

Thursday, February 11, 2016
Oil & Natural Gas (ONGC)
SBI (SBI)
Tata Motors (TAMO)

Friday, February 12, 2016
HDFC Bank (HDBK)
Mahindra&Mahindra (MAHM)

Monday, February 15, 2016
Ambuja Cements (ABUJ)
Sun Pharma (SUN)

Wednesday,feb 27, 2016
Bharti Airtel (BRTI)