With the increasing demand of technology, existing computer make use of graphics spaciously. Windows based operating system exposed to view the file disk file's directory graphically. Many applications provide graphical user interface , which it makes to easier to understand or interpret e.g. internet download manager shows the status of downloading a file graphically. Advancement of graphics, we can easy to understand that each information after converting it into image. So image is very important but sometimes it tends to be big. This is why image compression is so important. Many image compression algorithms (lossy or lossless) have already been devised adhering to their perspective point of view. In this paper we propose conceptually a new algorithm for image compression for minimizing a number of bits for storing an image into disk.