Nifty-inversion-of-waves-over-3-years

Further to my observations in my earlier blog :

http://lalitlk-lalit-lk.blogspot.in/2012/06/nifty-inversion-of-waves-over-2-years.html

I shall like to review the Nifty Chart over the last three years which is :

Image from the chart January 2010 to 05/08/11 was,as per attachment  

was inverted 180 degree( anti-clockwise) and  the  'Inverted Chart' is being shown along with Chart for the period of 05/08/2011 to year end in the following chart with prominent 'pattern similarity' marked A to H. 

Chart beyond H, in the inverted one,  is yet to play out & looks favoring the bears.

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I went back by one year and similarly inverted that chart from January 2009 & resulted charted was labelled H & thereafter the boxed area is YET TO PLAY OUT. If the hypothesis comes TRUE, it has so far done PATTERN WISE, Nifty is due for a DIP in recent time & then scale NEW HIGH.

Let us cross our fingers to check if these hypothesis comes true or not.

Vardhman-acrylics-buy-back: Up date 19/12/2012

Further to my observations

http://lalitlk-lalit-lk.blogspot.in/2012/11/vardhman-acrylics-buy-back-creating.html

Slowly and steadily the management has picked up all most half of the targeted  two crore shares. IMHO, even if the price is raised to Rs. 12.50 , they may not achieve the target. Progress so far is summarised

Qty range      No of Days       Total        Average (daily)

0-50 K	72 days	1312443	18228.38
50001-1 Lakh	31 days	2062068	66518.32
100001-2 Lakh	18 days	2659038	147724.3
200001-4 Lakh	14 days	3813852	272418
	Total	9847401

Buy Back is in Blue while other delivered received by others in Red.
Bye the way, book value of the Company for residual shareholders  is getting enhanced as the buy back rate is below exiting book value by over seven rupees.