While the stock markets across the globe remain extremely volatile, the Indian story isn’t different either. It is always the retail investors who are the worst hit when markets swing out of proportion.
It is not so easy to predict the market behaviour as the movement of scrips is influenced by multiple factors, global as well as local. However, with proven expertise one could draw some guidelines with a good degree of accuracy that will give valuable clues and caution to the investors. Two City-based youths have come out with a website, that will give hints to its visitors about the possible movement of the stock market.
The webiste www.s2sp.co.in, launched on Monday, is developed by MBA graduate C Satishkumar and Computer Science graduate Shashikumar. On every working day at 8 pm, the website publishes the highest and the lowest values the scrips are going to assume the next day on the BSE and NSE.
Scrip movement
These upper and lower limits are found out with the help of a software after thoroughly studying the market, said Satishkumar.
“Earlier , through our company S2 stock predicta, we used to give free investment hints to people on phone. The service was highly appreciated by customers as the predictions were 70 to 75 per cent accurate. Encouraged by the good response, we decided to launch the website,” he added.
Initially, for a week, the website will give free information to the users. Later, a monthly subscription fee will be fixed, said Shashikumar, exuding confidence that the website will save the investors from incurring heavy losses in the market.