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NIFTY NEVER GO(CLOSE) BELOW 5217 SPOT?

From : Asharaf Thaha at 04:47 PM - Feb 03, 2012 ( )
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DEAR FRIEND AS PER THE BELOW NIFTY JANUARY HIGH STRATEGY NIFTY SPOT NEVER CLOSE BELOW 5217. WHAT IS YOUR OPINIONS

NIFTY SPOT JANUARY 2012

DateOpenHighLowClose
Jan 31, 2012 5,125.25 5,215.40 5,120.15 5,199.25
Jan 30, 2012 5,163.55 5,166.15 5,076.70 5,087.30
Jan 27, 2012 5,216.75 5,217.00 5,162.40 5,204.70
Jan 25, 2012 5,151.50 5,174.15 5,130.25 5,158.30
Jan 24, 2012 5,064.80 5,141.05 5,049.80 5,127.35
Jan 23, 2012 5,025.35 5,059.55 5,021.35 5,046.25
Jan 20, 2012 5,044.85 5,064.15 5,004.30 5,048.60
Jan 19, 2012 4,995.00 5,023.80 4,991.40 5,018.40
Jan 18, 2012 4,977.75 4,980.65 4,931.05 4,955.80
Jan 17, 2012 4,904.50 4,975.55 4,904.00 4,967.30
Jan 16, 2012 4,844.00 4,880.80 4,827.05 4,873.90
Jan 13, 2012 4,861.95 4,898.85 4,834.20 4,866.00
Jan 12, 2012 4,840.95 4,869.20 4,803.90 4,831.25
Jan 11, 2012 4,863.15 4,877.20 4,841.60 4,860.95
Jan 10, 2012 4,771.85 4,855.90 4,768.25 4,849.55
Jan 6, 2012 4,724.15 4,794.90 4,686.85 4,754.10
Jan 5, 2012 4,749.00 4,779.80 4,730.15 4,749.95
Jan 4, 2012 4,774.95 4,782.85 4,728.85 4,749.65
Jan 3, 2012 4,675.80 4,773.10 4,675.80 4,765.30
Jan 2, 2012 4,640.20 4,645.95 4,588.05 4,636.75



IMPORTANCE OF JANUARY HIGH IN NIFTY

Fno game was started in India in full swing after 2003 … after that this strategy appeared in real value and till date working without any single mistake... This strategy works only with index (nifty) not with stocks … but investors can take full advantage of this strategy for building portfolio.

Start from 2003 ……… watch 2003 nifty Jan month high its 1105.60 … now watch data of coming months of 2003 only when nifty closed above Jan month high … if m not wrong then it is june2003 when nifty closing price was 1134 .. Means above Jan 2003 high price.. And pls watch after that nifty never came down below Jan 2003 month high on closing basis till 31st dec 2003. According to strategy it was clear signal for market player to go long after june 2003... For whole 2003 year.

Now just watch 2004 Jan high – it is = 2014.65 never closed above this level in 2004 whole year means clear signal no buy in 2004 .

2005 – Jan month high was 2120.15.. Closed above on monthly basis in June 2005 @ 2220.60...again after that never broke Jan high on monthly closing basis in 2005.. Means go long after June 2005 till dec 2005.

2006 – Jan high 3005.10.. Closed above this level in feb 2006.. After that never broke the same... Clear buy signal.

2007 – Jan high- 4167 … closed above in may month 2007 … never broke after that.. Clear buy.

2008 – Jan high -6357 … never closed above this level in whole 2008... Means no buy... Only sell... Touched 2252 in that year.

2009 – Jan high – 3147.. Closed above in apr 2009.. Never broke after that made high 5221 after that in 2009.. Clear buy.

2010- Jan high – 5310.85 closed above in June 2010.. Hit 6338 after that never broke.. Clear cut buy. 

2011- Jan high – 6181.05 never closed above this level in 2011 whole year means clear signal no buy in 2011 .made low of 4531.

CONTENT SOURCE
http://buzzingnifty.blogspot.in/2012/01/importance-of-january-high-in-nifty.html



In Reply to above Message (1 to 5 out of 5) -- Latest Replies are put on Top | First | << Previous | Next >> | Last |

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From : Venkat Raman at 10:30 AM - Mar 08, 2012 ( )


Sir,

Thank you for sharing.

 Nifty in a range

betwen 5200-5400 may favour

the option writers.





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From : Sim Stanley at 09:33 AM - Mar 08, 2012 ( )


IT looks the difference made is U and ME 

is there more retail participation in the trading arena?, may not be 

But the market is now doing just the opposite of Past performance.

 





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From : Rakesh Padhi at 09:08 AM - Mar 08, 2012 ( )


Very good Information Ashraf Bhai..this is good analysis. So Nifty should not close below 5215 if NIfty in bull trend.





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From : Asharaf Thaha at 11:49 PM - Mar 07, 2012 ( )


LAST TWO SESSIONS NIFTY SPOT TRADED BELOW JAUARY HIGH, BUT CLOSED ABOVE JANUARY HIGH

BUT I AM NOT CONFIDENT ABOUT  THIS OBSERVATION IN THE CURRENT SITUATION

DateOpenHighLowClose
Mar 7, 2012 5,207.05 5,243.85 5,171.45 5,220.45
Mar 6, 2012 5,266.00 5,382.05 5,206.40 5,222.40
Mar 5, 2012 5,342.55 5,344.50 5,265.70 5,280.35




AND ANOTHER ONE OBSERVATION WERE FAILED LAST YEAR(2011) SEE BELOW

Sensex is roughly doubling every 4 years since 1979
1979=100
1983=200
1987=400
1991=800
1995=1600
1999=3200
2003=6400
2007=12800
2011=25600 (Expected)

http://www.mudraa.com/trading/7044/0/where-is-sensex-heading.html
 





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From : Pradeep Maheshwari at 05:22 PM - Feb 03, 2012 ( )


really intresting..!!!.....but this time will be different....for sure.




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