2012 Nifty Prediction Game

[intellibitz]

Fri Jan 27, 2012 - Nifty week4 update:

Open 5025
High 5217 (Fri)
Low 5021 (Mon)
Close 5204
Change +156 (3.1%)
Weekly trend - UP

Note: Buy on monday, Sell on friday would have worked well in Jan. Nifty has had an amazing run up so far, the weekly, monthly & yearly trend are all firmly up for 2012.

Fri Jan 20, 2012 - Nifty week3 update:

Open 4844
High 5064 (Fri)
Low 4827 (Mon)
Close 5048
Change +182 (3.8%)
Weekly trend - UP

 

[intellibitz]

Tue Jan 31, 2012 - Nifty monthly update:

Open 4640
High 5217 (Jan 27)
Low 4588 (Jan 2)
Close 5199
Change 574 (+12.4%)
Monthly trend - UP

There's only one word for Nifty traders - BULLS!

Fri Jan 27, 2012 - Nifty week4 update:

Open 5025
High 5217 (Fri)
Low 5021 (Mon)
Close 5204
Change +156 (3.1%)
Weekly trend - UP

Note: Buy on monday, Sell on friday would have worked well in Jan. Nifty has had an amazing run up so far, the weekly, monthly & yearly trend are all firmly up for 2012.

 

[intellibitz]

Poll result as of Feb 01, 2012:

6351 &above 7 28.00%
5851 - 6350 3 12.00%
5351 - 5850 7 28.00%
4851 - 5350 6 24.00%
4351 - 4850 3 12.00%
3851 - 4350 2 8.00%
3351 - 3850 2 8.00%
2851 - 3350 0 0%
2351 - 2850 0 0%
2350 & below 1 4.00%

Majority(28%) vote 6351 & above close for 2012.
Majority(28%) vote 5351 - 5850 close for 2012.

A clear bias towards Bulls emerging at the end of Jan 2012.

Sat Jan 07, 2012 - Week1 update:

Poll result so far:
6351 &above 5 27.78%
5851 - 6350 1 5.56%
5351 - 5850 3 16.67%
4851 - 5350 6 33.33%
4351 - 4850 3 16.67%
3851 - 4350 2 11.11%
3351 - 3850 1 5.56%
2851 - 3350 0 0%
2351 - 2850 0 0%
2350 & below 1 5.56%

Majority vote 4851 - 5350 close for 2012.

 

[intellibitz]

Fri Feb 03, 2012 - Nifty weekly update:

Open 5163
High 5334 (fri)
Low 5076 (mon)
Close 5325
Change 121 (+2.3%)
Weekly trend - UP

Defying all laws of gravity, Nifty had closed straight up for the 5th straight week which seemed unlikely when Nifty went down -2% on Monday. Can Nifty magic work for the 6th straight week?

Tue Jan 31, 2012 - Nifty monthly update:

Open 4640
High 5217 (Jan 27)
Low 4588 (Jan 2)
Close 5199
Change 574 (+12.4%)
Monthly trend - UP

There's only one word for Nifty traders - BULLS!

 

[intellibitz]

Feb 06, 2012 ALERT: New Channel Entry.

Nifty had entered and closed on the way up in a new channel 5351 - 5850. Aug 04, 2011 was the last time this channel broke on the way down.

Weeklies and Monthlies are up in 2012. Nifty can very well test 5850 if..well there's a lot of ifs and buts...

ALERT: New Channel Entry.

Jan 13, 2012 Nifty had entered and closed on the way up in a new channel 4851 - 5350. Dec 12, 2011 was the last time this channel broke on the way down and Nifty went into 4351 - 4850 channel.

Weeklies and Monthlies are up in 2012. Nifty can very well test 5350 if..well there's a lot of ifs and buts...

 

[intellibitz]

Fri Feb 10, 2012 - Nifty weekly update:

Open 5379
High 5427 (fri)
Low 5322 (tue)
Close 5381
Change +55 (+1%)
Weekly Trend - UP

1 2 3 4 5 6 weeks closing up - super sixer show by the bulls so far, but looks like fatigue setting in this week. Can they make it a sexy 7?

Fri Feb 03, 2012 - Nifty weekly update:

Open 5163
High 5334 (fri)
Low 5076 (mon)
Close 5325
Change 121 (+2.3%)
Weekly trend - UP

Defying all laws of gravity, Nifty had closed straight up for the 5th straight week which seemed unlikely when Nifty went down -2% on Monday. Can Nifty magic work for the 6th straight week?

 

[intellibitz]

Fri Feb 17, 2012 - Nifty weekly update:

Open 5382
High 5606 (Fri)
Low 5351 (Mon)
Close 5564
Change 182 (+3.4%)
Weekly Trend - UP

Bears have been slaughtered, butchered & hanged by now. As E1 pointed out Bears have been caught growing horns and its not even funny anymore. Nearly 1000 points on the up and no slowdown yet for the Bulls. Ride it up or stay out. Bulls have it fair & square now. Go Bulls!

Fri Feb 10, 2012 - Nifty weekly update:

Open 5379
High 5427 (fri)
Low 5322 (tue)
Close 5381
Change +55 (+1%)
Weekly Trend - UP

1 2 3 4 5 6 weeks closing up - super sixer show by the bulls so far, but looks like fatigue setting in this week. Can they make it a sexy 7?

 

[MurAtt]

Sexy 7 done ... now a Big Fat 8 maybe .. lets see ...


btw are there two threads of this type - i remember having posted in some thread about Nifty prediction for this year etc ... BUT no post here ...

 

[intellibitz]

There is a "Trade of the Month" thread, where we play pivot, support & resistance. May be you posted there?

Given the momentum and as well the expiry week, big fat 8 will play out well next week.

Sexy 7 done ... now a Big Fat 8 maybe .. lets see ...


btw are there two threads of this type - i remember having posted in some thread about Nifty prediction for this year etc ... BUT no post here ...

 

[intellibitz]

Fri Feb 24, 2012 - Nifty weekly update:

Open 5561
High 5629
Low 5405
Close 5429
Change -135 (-2.4%)
Weekly Trend - DOWN

Long awaited correction is on, the bulls have pulled back finally on the 8th week.

Fri Feb 17, 2012 - Nifty weekly update:

Open 5382
High 5606 (Fri)
Low 5351 (Mon)
Close 5564
Change 182 (+3.4%)
Weekly Trend - UP

Bears have been slaughtered, butchered & hanged by now. As E1 pointed out Bears have been caught growing horns and its not even funny anymore. Nearly 1000 points on the up and no slowdown yet for the Bulls. Ride it up or stay out. Bulls have it fair & square now. Go Bulls!