Wednesday, October 30, 2013

Nifty inching towards its lifetime high of 6339.


6 comments:

manu s said...

Dear Illango Sir,

Can the move from 6079 be traced this way,

1 6079 6146
2 6146 6121
3 6121 6254
4 6254 6223
5 6223 XXXX

subwaves

5.1 6223 6243
5.2 6243 6232
5.3 6232 6269
5.4 6269 6238
5.5 6238


5.5.1 6238 6259
5.5.2 6259 6247
5.5.3 6247


Is it possible that wave 5 subdivides like this .

manu s said...

Dear Illango Sir,

Kindly ref yest post on Jan year high and market close above during the course of the year.

The following was observed for year 2012

Jan 2012 High 5217 ,closed above this in feb 2012 5385 , but closed below Jan high once in MAy 2012 at 4924 .


Sony said...
This comment has been removed by the author.
Sony said...

Manu s ,
Your comment made me look into NSE Historical Data and year 2012 seems to be the OddOne Out.

For saving some effort of others , thought of posting the Jan High and Monthly Closings for 2012
Date Open High Low Close
27-Jan-2012 5216.75 5217.00 5162.40 5204.70
23-Feb-2012 5490.05 5537.40 5460.80 5483.30
29-Mar-2012 5145.95 5194.30 5135.95 5178.85
26-Apr-2012 5214.75 5215.60 5179.05 5189.00
31-May-2012 4896.10 4949.25 4883.55 4924.25
28-Jun-2012 5148.95 5159.05 5125.30 5149.15
26-Jul-2012 5126.30 5126.30 5032.40 5043.00
30-Aug-2012 5268.60 5342.80 5255.05 5315.05
27-Sep-2012 5673.75 5693.70 5639.70 5649.50
25-Oct-2012 5688.80 5718.75 5685.70 5705.30
29-Nov-2012 5736.70 5833.50 5736.10 5825.00
27-Dec-2012 5930.20 5930.80 5864.70 5870.10

raman said...

With so many negative factors it is surprising that a lifetime high would be attempted this month. How is that justified ? Beats me !

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