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Nifty Positional Trade |
dharmeshtr
White Belt
Joined: 10 Feb 2011
Posts: 205
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Post: #16  Posted: Sat Oct 20, 2012 8:32 pm Post subject: |
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Nittin,
This would be very helpful.
Thanx a lot,
dtr |
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lucky143
White Belt
Joined: 15 Aug 2011
Posts: 48
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| Post: #17 Posted: Sun Oct 21, 2012 5:34 pm Post subject: |
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| NittinP ! great work |
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shashangan
Green Belt
Joined: 12 Jun 2007
Posts: 1321
Location: Bangalore
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| Post: #18 Posted: Mon Oct 22, 2012 11:24 am Post subject: Nifty & Rupee Trend |
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Nifty is still a buy. Spot Nifty -Longs can target min 5888 by next week spot basis. Stops is below 5620. Mkt already looking like corrected. 5960-70 will be a level to watch for upper reversal.
Rupee will try 54.20-50 & get into a rangebound to correction phase below 53.50 for this week. Overall targeting 51.10 in coming weeks.
Gautham Shashangan |
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dharmeshtr
White Belt
Joined: 10 Feb 2011
Posts: 205
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| Post: #19 Posted: Mon Oct 22, 2012 2:59 pm Post subject: |
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| NittinP wrote: | Below is the analysis
Total Trading Month = 93
TRUE/in %;FALSE/in %;Total/in %
F3DH=MEH/ in %;18/19.35;75/80.65;93/100
F3DL=MEL/in %;28/30.11;65/69.89;93/100
L3DH=MEH/ in %;24/25.81;69/74.19;93/100
L3DL=MEL/ in %;9/9.68;84/90.32;93/100
Conclusion:
1] 19.5% times Monthly high was created in first 3 day of the month
2] 30% times Monthly low was created in first 3 day of the month
3] 26% times Monthly high was created in last 3 day of the month
4] 10% times monthly low was created in last 3 day of the month
If you see the number, its pretty clear that if you go long in first 3 days of the month, you chances are high of making money keeping first 3 day low as SL
Also, most of time low was not created in last 3 days, hence you stay long during this period as well.
Another important finding, only 30% times high was created in last 3 days, so if one is long, one need to book proft before start of last 3 days.
Its my observation, that 3rd week onwards market goes sideways. Need to support this with numbers..
Regards,
NP
4] |
| Quote: | Nittin,
It is 26% times High created in last 3 days, right? And not 30%. |
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NittinP
White Belt
Joined: 23 Sep 2012
Posts: 48
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| Post: #20 Posted: Mon Oct 22, 2012 5:11 pm Post subject: |
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We need to find more data points...
1] Which are the days in a week good for long/short/sideways
2] Which week in the month have maximum +ve/-ve closing
3] Impact of Even/Odd weeks on return?
4] Impact of Even/Odd months on return?
Even we can add numerolgy to the trade day..
Objective is to find maximum probability in our favour.
etc.. |
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jaigan21
White Belt
Joined: 22 Aug 2011
Posts: 3
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| Post: #21 Posted: Thu Nov 01, 2012 5:33 pm Post subject: |
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| This time the prediction became true,30th Oct was a new low, Im i right? |
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