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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