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Sunday, November 27, 2011

Order out of CHAOS : FIBONACCI number & NIFTY

Nifty index is based on 50 scrips with innumeral trades resulting in real CHAOS : Out of such CHAOS, I discovered that during the period of 02/03/2008 and 16/09/2011, lowest Index was 2539.45 & highest Index was 6338.5. And, most interesting thing is that there is GAP OF 610 , a FIBONACCI number, days in-between 6th March 2008 & 5th November 2010.


FibonacciDateOpenHighLowClose
16-Mar-092576.752628.102539.452620.15
27-Mar-090000
38-Mar-090000
510-Mar-090000
813-Mar-092616.602726.152616.602719.25
1318-Mar-092757.652836.052752.252794.70
2126-Mar-092982.253103.352982.253082.25
348-Apr-093255.353357.053149.253342.95
5529-Apr-093371.653486.403366.703473.95
892-Jun-094530.454586.404451.304525.25
14427-Jul-094568.654596.754528.504572.30
23324-Oct-090000
37717-Mar-105198.455260.505177.155231.90
6105-Nov-106321.856338.506303.106312.45
98717-Nov-110000


http://ademocraticcorporateworld.blogspot.com/2011/09/nse-nifty-index-fibonacci-numbers-order.html
has listed full data of the NIFTY Index from 02/03/2008.

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