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Wednesday, July 24, 2013

Nifty : Projecting a High during August 2013


Without repeating my earlier observations,
http://lalitlk-lalit-lk.blogspot.in/2013/05/nifty-mirror-inversion-2009-13.html

I shall explain a slight change in my hypothesis of the 'mathematical model' for Nifty Index value. Earlier, the point "5280" was used as a 'pivot' for all calculations. Influenced by 'perturbation theory' , & my observation of  the Gann square having a great role in many things RANDOM, I have set the 'pivot' as

5256.5 = mean of { Sq (73) + Sq (72) }= (5329+5184)/2.



5329 was selected influenced by close of 4-8-2011 & 5184 was selected by open of  very next day.

OHLC value of the Nifty was used to determine the value of ‘Open - 5256.5’, ‘High-5256.5’, ‘Low-5256.5’ & ‘Close-5256.5’ , e.g., 155.9, 178.0, 66.65 & 75.3 for 4-Aug-2011. Similarly for all prior days based on historical data { Sample data in 'Pink' shaded as above } ( Data Sourced from NSE).

Accordingly, mirror projections for 5 Aug 11 are calculated as :
open =5256.5 -75.3 (corresponding to CLOSE), high =5256.5 - 66.65 (corresponding to LOW), low=5256.5 -178 (corresponding to HIGH) & close=5256.5 -132.4 (corresponding to OPEN)
{Data pertaining 4 Aug 11}.
Calculations for SUBSEQUENT days were made SIMILARLY based on PRIOR days (e.g., 8 Aug 11, 9 Aug 11 etc etc  3 Aug 11, 2 Aug 11 etc etc) { Sample data in 'Blue' shaded as above }
Actual Index had been AHEAD of the projected value mostly over the period of 491 days. Latest variations are as per the attached Chart :


And, the 'Projection Values'  are tabulated  for a month ending on 24th July 2013 ,in the image of Excel sheets, Remark implies 'Actual' is 1.01, etc. times the Mirror Projections  as follows:


Projected value of the Index for the month of August 2013 are as follows:



Cross your fingers & await a range of "5700-6400 " in the coming month.



1 comment:

  1. Ore bapre Lakhot ato hi funda ami bujhte parbo na, tobe chaliye ja!

    JS

    ReplyDelete