Sensex- Nifty Code
Diary of a Dalal Street Trader
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Everyone wanted to make money in Indian stock market................... So did Jai, a 44 year rich individual, with academic and dreamy temperament, who entered stock market in August 2005 and found himself staring at money running on computers with help of internet...... Within a short span, he found himself changing from an investor to a trader to speculator. May 2006, Sensex crash, and he lost almost all the money earned during 8 months in 10 days. His active academic brain found the key to price movement of stocks & Idices , which he called Sensex - Nifty code All one needed was simple mat...
Everyone wanted to make money in Indian stock market................... So did Jai, a 44 year rich individual, with academic and dreamy temperament, who entered stock market in August 2005 and found himself staring at money running on computers with help of internet...... Within a short span, he found himself changing from an investor to a trader to speculator. May 2006, Sensex crash, and he lost almost all the money earned during 8 months in 10 days. His active academic brain found the key to price movement of stocks & Idices , which he called Sensex - Nifty code All one needed was simple mathematical calculations and laws of speculation to navigate the choppy waves of stock market. He kept on making & losing money with help of young dealers, till he found himself at the last leg of bull rally from October 2007- January 2008...... He knew, he had to abandon stock-market before it abandoned him. The book is an entertaining blow by blow account of first speculative boom & bust cycle in Indian stock market during computer trading era, with mathematical calculations that were used to take stocks and indices to dizzying heights and ended in inevitable bust in a precise manner. And, only survivor can tell the tale without any hesitation.
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