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Friday, March 12, 2010

Indian Stock Index Trends – Review - 2 March 2010 to 10 March 2010

The following trend was sent to you on 20th February.


From

To
Trend
Remarks


2 March
10 March
Rise
Market may still rise in this period. Market holidays on 27 Feb, 28 Feb, 1 March, 6 March and 7 March.

We had also sent to you the following ALERT to show the breakup of the individual days to show the rise and fall. Now we give the actual movement of the period as well as the review of the ALERT.

 Trend with actuals
 Alert
 Trend with actuals
Feb 26 Previous close
4922

March 2

5017
3
5088
4
 Fall
 5080
5
flat
 5089
6
Saturday
Saturday
Saturday
7
Sunday
Sunday
Sunday
8
 Rise
 5124
9
flat
 5101
 Current close March 10
5116
 Rise
 5116

You will observe that the Nifty rose by 94 points during this period, from 4922 (previous close) to 5116 (current close). Even on individual days the Alert showed the trend accurately.

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