Nintendo shares up more than 50% since Pokemon Go release

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Pokémon Go is a location-based augmented reality game.  The game has been developed by Niantic in collaboration with The Pokémon Company. The game has been developed for both Android and IOS devices. It was initially released in US, Australia and New Zealand in July 2016.

pokemon_go

 

Pokémon Go lets players catch virtual creatures on real life locations through their smartphones. The players can battle and train these virtual creatures called Pokemon  as if they were real. The game is free to download and play but it has in-app purchases such as PokéBalls and other in-app features.

Nintendo share prices have increased more than 50% since the launch of Pokémon Go. Nintendo is not involved with Pokémon Go directly but it owns 33% of The Pokémon Company and also has a share in Niantic.

The app has more than 7 million downloads on Android Play Store.It topped the app store download chart on both iPhone’s App Store and Google Play Store just days after its initial release.

Pokémon Go has a daily net revenue of $1 million. But how much of the revenue from the game flows directly to Nintendo is not clear.

Google wins the court battle against Oracle

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oracle-headquarters    google-headquarters

 

The six year old court battle between Oracle and Google has finally ended. The court gave its decision in favour of Google and Oracle is not happy about the verdict.

The lawsuit began in 2010 when Oracle sued Google for using its 37 APIs or application programming interfaces that it holds copyrights for. Oracle had claimed that Google required a license for using its Java code in its Android Operating System but did not bother to get one. Oracle argued that the Java API packages, the classes within each package, and the specific declarations used to invoke executable code to perform particular functions are all protectable by copyright law and Google infringed by copying a substantial number of them.

Safra Catz claimed that Oracle’s Java licensing business has been suffering due to Android. Companies like Samsung, Motorola and others who bought its license in the past don’t buy them anymore because Android is free.

“Google took a shortcut, and they took a shortcut at Oracle’s expense.” Oracle’s lawyer Peter Bicks said. “Oracle is a fierce competitor, but when you compete, you need to play by the rules. In this case, Google took shortcuts.”

Oracle accused Google of stealing their opportunity to enter the smartphone market.

Google attorney Robert Van Nest argued that Android was built from scratch, using new Google technology, and adapted technology from open sources. Android is a remarkable and a brand-new platform for innovation.

The APIs have always been treated by Sun as open and free, along with the language Van Nest said. Using the Java APIs in Android was something that no other company has done before or since, has been able to achieve.

Sun had no complaints against Android and neither did Oracle’s Ceo Larry Ellison until they tried to build their own smartphone and failed to do it.

“Now we’re in a situation where Oracle, which had no investment in Android, took none of the risks—they want all the credit and a lot of the money,” he said. “And that’s not fair.”

After a two-week trial, a federal jury unanimously  ruled that google’s use of the copyright-protected 11,500 lines of Java code in its Operating System was limited and covered by rules permitting “fair use.”

Oracle tried to disregard the jury’s verdict and vowed to appeal.

Banknifty 25th April 2014| 30 minute chart

Banknifty trade Update | 25th April 2014

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A negative crossover took place on Banknifty 30 minute chart.

Have a look at the chart below.

Banknifty 25th April 2014| 30 minute chart
Banknifty 25th April 2014| 30 minute chart

According to our trading strategy for Banknifty, the key numbers are 35 and 100.

Sell 2 lots @ 13104

Buy 1 lot@ 13069 (35 points) – target hit

Buy 2nd lot @ 12969 (100 points) – target hit

Today’s low = 12968

Both the sell targets have been hit. We will see if we have any good chance to enter the trade again on Monday. We shall wait for the market to open on Monday and assess the movement.

Coalindia | 30 minute charts

CoalIndia trading | 25th April 2014

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A negative crossover took place on Coalindia 30 minute charts.

Here’s the 30 minute chart showing the crossover.

Coalindia | 30 minute charts
Coalindia | 30 minute chart

According to our trading strategy as discussed earlier,

Sell 2 lots @ 300.20 (second candle open)

Buy 1 @ 298.2  (2 points) (spot price)

Buy 2 @ 295.20 (5 points) (spot price)

None of the sell targets have been hit yet. We will wait for the market to open on Monday and assess the movement.

 

 

Coalindia Ltd | 21st April 2014

Trading Strategy for CoalIndia

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Trading CoalIndia Ltd on 30 minute timeframe

I really like Coalindia. This company has been really stable in really bad times plus it gives fantastic dividend. I bought some coalindia shares  (equities) and I trade coalindia futures.

1 lot of Coalindia = 1000 shares

Which means if the share price goes up by 1 rupee, you make 1000 rupees profit. I decided to do some backtesting and use the same strategy I used for Banknifty.

The golden keyword here is TRADING WHIPSAWS. I can’t emphasise it enough. Out of 10 trades that trigger (on small timeframes say 30 minute charts), 7 are whipsaws. How in the world do you intend to make profit if you have 7 whipsaws? All the confidence and more importantly all the MONEY is gone by the time you get a good trend.

So here’s how we deal with it. I backtested Banknifty for reversal points and came up with an average point after which the reversals happen. This will help us minimise our losses in cases of whipsaws and help us make more money. I found three cut-off points for Coalindia. One lot to be sold for a profit of 2 points, 2nd for a profit of 5 points and 3rd one for the profit of 9 points.

Coalindia 2014 | 30 minute chart
Coalindia 2014 | 30 minute chart

So let us begin.

Trade triggered

Using 3 ema and 15 ema, a positive crossover has taken place on 30 minute chart on 18th April 2014.

Buy 2 lots @ 289.90 spot price

Sell 1st lot @ 291.90 (2 points) – sell triggered on 18th April 2014 (2 x 1000 = 2000 rupees)

Sell 2nd lot @ 294.90 (5 points) – sell triggered on 21st April 2014 (5 x 1000 = 5000 rupees)

Sell 3rd lot @ 298.9 (9 points or if it doesn’t hit 9 points, sell on reversal) – sell triggered on 22nd April 2014

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Banknifty | 21st April 2014

Banknifty Trading Strategy | 17th April 2014

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I am going to post trades on a daily basis and update the current trades. This is using a trading technique that will allow us to minimise our trading losses if not completely eliminate them. As traders we all know that we cannot avoid whipsaws. So with this strategy, we will learn how to trade whipsaws. In my opinion, this is very important. The nature of market movement has changed a lot in the past few years. We don’t have swift and clean long or short trends. We have a number of whipsaws and it is very difficult for small time traders with small capital to trade using technical indicators. The reason being the risk taking capacity is low and that whipsaws suck away all the money they are willing to invest. Before we even get a good trending trade, all the money is eaten up by the whipsaws. This technique is specifically for Banknifty and requires a capital of 80,000 rupees for trading.

The trade triggered on the 17th April 2014.

Using 3 ema and 15 ema for identifying the negative and positive crossover.

Banknifty | 30 minute chart
Banknifty | 30 minute chart. Source: google finance

The positive crossover is seen on a 30 minute chart.

Trades initiated on 17th April 2014

Buy 2 lots of BNF @ 12653

Setting 1 lot BNF @ 12688 (35 points)

This is only to reduce the risk on the capital traded.

Sell 2nd lot BNF @ 12753 (100 points)

It has already hit 12753 and we have made a total of 135 points profit.

(more…)

Facebook buys WhatsApp for $19 billion!

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whatsapp_logo-jpg

WhatsApp was launched in 2009 by two former employees of Yahoo, Brian Acton and Jan Koum. It was recently bought by facebook for a whopping 19 billion dollars. WhatsApp has been the fastest growing company, it has shown extraordinary growth in the past 5 years. Currently, WhatsApp has more than 450 million users which keep increasing every day. Of this number, 70% users are active on a given day.

The acquisition price includes $4 billion in cash, about $12 billion worth of Facebook shares and $3 billion in restricted stock units to be added to the original price as compensation to WhatsApp’s founders and employees for staying on board at Facebook.

The big question is ‘Was buying WhatsApp a smart move?’

In terms of growth of users, WhatsApp is the fastest growing company in the history.WhatsApp is widely used around the world, it has replaced SMS or traditional text messaging for people. By acquiring a company like WhatsApp, facebook will be able to reach billions of people.

whatsapp_growth

Buying WhatsApp has been a risky move to make. It will either end up being the best decision for facebook or a complete disaster. Although it’s difficult to make money from a messaging app Zuckerberg believes that WhatsApp will prove to be, as he said ‘incredibly valuable.’ That’s why, Zuckerberg nearly doubled Google’s bid for WhatsApp, giving away one-tenth of his company’s market value. Some people took it to twitter to say that Mark Zuckerberg is brain dead.

Although WhatsApp has a promising future we don’t know for sure, how things would turn out.

The Wall Street Code (Marije Meerman, VPRO)

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A thriller about a genius algorithm builder who dared to stand up against Wall Street. Haim Bodek, aka The Algo Arms Dealer.

From the makers of the much-praised Quants: the Alchemists of Wall Street and Money & Speed: Inside the Black Box. Now the long-awaited final episode of a trilogy in search of the winners and losers of the tech revolution on Wall Street. Could mankind lose control of this increasingly complex system?

Nifty Analysis | 21st June 2013

Posted on Leave a commentPosted in Nifty Analysis, Stock Market Trends

Weekly, daily and 30 minute chart Nifty analysis

Nifty | 30 minute chart
Nifty | 30 minute chart

It is clearly evident that Nifty is on a downward trend on 30 minute chart.

Nifty | Daily chart
Nifty | Daily chart

Nifty is moving in a downward trending channel since May 2013. It still remains in the channel and hasn’t been able to break the upper boundary of the downward trend channel and continues to remain in the channel. There is a high probability of Nifty touching the lower trend line before receiving a small bounce.

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Presentation on Google

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Here’s a short presentation on Google by Ruksar Kachchhi. Click on the image below to access the presentation.

Google

 Google is a multinational corporation. It provides online services like web search, sending and receiving emails, advertising, office suite etc. Google’s mission statement is “to organize the world’s information and make it universally accessible and useful”. The company’s unofficial slogan is “Don’t be evil”. It is estimated that Google runs over one million servers in data centre around the world. Alexa Internet.inc listed google.com as the most visited website on the internet. Millions of people use Google everyday in more than 100 languages and regard Google and internet as one. We cannot imagine life without Google. 

Who Founded Google?

Larry Page and Sergey Brin met at Stanford University while pursuing their Ph.D. in computer science. In 1996, as students Larry and Sergey took up a very impossible research project and turned it into multibillion dollar enterprise with global reach.

In 1996, they built a search engine using the servers of Stanford university and named it BlackRub. Later they changed the name of the search engine from BlackRub to Google based on the mathematical term “Googol” which is used to represent a numeral ‘1’ followed by hundred zeros.

The First Investor of Google

Andy Bechtolsheim is an electrical engineer and the co-founder of Sun Microsystems in 1982. He was the chief hardware designer in the company. Bechtolsheim studied at Stanford University and derived the name of his company from Stanford University Network. He was the first investor of Google and had given a $100,000 cheque in the name of Google.inc.

Google Doodle

The first “Google doodle” appeared in 1998. It was meant to let people visiting the homepage know that Googlers  were offline at the Burning Man Festival in Nevada. Until today more than 1000 doodles have been posted on homepages worldwide.

How Does Google Earn?

Google gets most of their income through selling targeted advertisements to business owners. Some of its income also comes from selling advanced services like paid Gmail or Google drive accounts with a huge storage capacity of 25GB to businesses, institutions and governments around the world.

Google Adwords

Google AdWords is a self-service program for creating online ad campaigns for businesses. Google AdWords program enables us to create Ads in a variety of Google services like Google Search, Google Maps and Google Adsense Network. Business owners can target their ads by location of users and keywords.

Today Google’s various advertising options like text ads, video ads and so on have helped thousands of businesses to grow and succeed worldwide.

Google Mail

In 2004 on 1st of April or on April fools day Google launched its email service called Gmail. Gmail is a free advertising-supported email service which gives an initial storage capacity of 1GB per user and has features like speedy search, huge amounts of storage capacity(paid) and shows threaded messages. It is most used email service on the internet and gives a tough competition to other companies like Yahoo and Hotmail.

Google Maps & Google Earth

In 2004 Google acquired digital mapping company keyhole and launched Google maps. Later in 2005, Google earth was also launched. At present, Google maps has features like providing directions, live traffic conditions and street view in some countries. In addition Google earth shows the oceans and the moon.

Video Sharing

YouTube was founded in February 2005, YouTube allows billions of people to discover, watch and share originally-created videos. It provides a forum for people to connect, inform, and inspire others across the globe and acts as a distribution platform for original content creators and advertisers large and small.

Google does not earn any good profits from YouTube but then too it has not closed it, as millions of people around the world use YouTube on daily basis and also because of the company’s unofficial slogan “Don’t be evil”.

G-phone

In 2007, Google announced about its G-phone which will have Google’s operating system called Android. Android is a open source for mobile devices. The first commercially available phone to run android was HTC Dream which was launched on 22th october 2008.

Android became the world’s leading smartphone platform at the end of 2010. In June 2012, there were more than 600,000 apps available for Android, and the estimated number of applications downloaded from Google Play was 20 billion.

Google Chrome

Word got out about Google Chrome a day ahead of schedule when a comic book introducing Google’s new open source browser was shipped earlier than planned.

On September 2nd 2008 Google launched its open source browser called the Google chrome. Chrome is designed to be very fast and has very good features which increase its efficiency. It has built in malware and auto update system and many other useful features.

CEO of Google

In 2001, Eric Schmidt was declared the CEO of Google while Larry Page and Sergey Brin were named as the presidents of products and technology, respectively. In 2011, Larry page the co-founder of Google became the CEO and Eric Schmidt was declared as the executive chairman of Google.

Google Plus

In June 2011, Google plus was introduced as a new invention for social networking, which is a combination of Facebook plus Twitter. Google plus helps everyone to share recommendations with friends, contacts and the rest of the web. It also allows to share any important conversation within your circles and thus is giving a tough competition to Facebook.

Google Drive

Google drive was introduced in 2012. Google drive helps in storing all our files from documents, spreadsheet, form, drawing to PowerPoint presentations. It provides 5GB of free memory space. We can also buy extra space by giving some money. It is one of the most efficient and useful invention by Google.