Observation from the report:
1)Nifty Recorded a overall drop of -53.34% for the year 2008
2)JAN,JUN,OCT 2008 are the worst month of 2008 in terms of negative points
3)OCT is the worst month of 2008 in terms of percentage, recored a drop of 26.42%
4)Best month credit goes to APR,JUL,DEC with average gain of 7-9%
5)The Entire month is divided into four quarters JAN-MAR Quarter and OCT-DEC Quarter of 2008 post the worst drop in terms of percentage -22.89 and -24.53 Respectively
Related Readings and Observations
Intraday Gap Up and Gap Down – Amibroker Strategy Strategy is very simple. when the market open with gap up and at the same time ,it crossed the previous day high then it should be considered as strong buy. When the market open with gap […]- Nifty and Bank Nifty – Market Profile Structure Overview – October Futures Wednesday's profile structure is interesting as it turns out to be a classical trend day. On a Down Trend day market one timeframe lower without breaking the previous bar high. i.e making […]
- P&F Charts for Dow: Example for High Pole Warning Charts How here is P&F Charts for Dow Dow Shows a P&F Warning on 11th December which is likely to be a reversal.Breakout is possible only above 9000.High Pole […]
- Dow Testing 20 day EMA – Resistance Dow runnup more from the lows what next reversal??? About Nifty Iam little confused myself now with nifty.... Tommrow US market is off (Thanksgivning day)... […]
- Aban Next Stop Near 1800 Nice Move in aban today after closing two days above 1200. Now Next Stop Comes above 1800. Related Readings Aban Analysis : Readers Request - 01 Aug 2009 […]
- Amibroker AFL Code to Compute 10 Year Rolling Returns Here is the simple AFL code to compute the 10 year rolling returns for any script. Generally Rolling Returns are computed for 3yr, 5yr, 10yr period. Rolling Returns are basically a […]
Leave a Reply