Nifty & Kaprekar Numbers/Constant

Nifty closed at 5139 on 15/06/2012.
Following http://marketsmusic.blogspot.in/2012/02/kaprekar-constant-nifty.html one get
9531 - 1359=8172 ; what is this number (8172) ? Significance ? It is simplely difference of "Highest number with four digits 5,1,3 & 9" and  "Lowest number with four digits 5,1,3 & 9" - it may be considered as "RANGE" (from 1278 to 8721 & making no sense at all).




Data since 1-Dec-11 were used to arrive  to make the Table: (As there had been four occasions of Kaprekar numbers among Nifty); However, it does NOT MAKE SENSE to me. As a friend remarked it has NO VALUE except recreation ; i am afraid no recreations !

Select_Day	Closing	FIRST_Stz	Second_Stz	Third_Stz	fourth_Stz	Fifth_Stz	Sixth_Stz	Seventh_Stz
1-Dec-11	4937	6264	0	0	0	0	4176	6174
2-Dec-11	5050	5445	1089	0	0	0	8352	6174
5-Dec-11	5039	9171	0	0	0	0	8532	6174
7-Dec-11	5063	6174		0	0	0	6174	6174
8-Dec-11	4944	4995	5355	1998	0	0	8532	6174
9-Dec-11	4867	4086	8172	7443	3996	0	4176	6174
12-Dec-11	4765	3087	0	0	0	0	8352	6174
13-Dec-11	4801	8262	6354	0	0	0	8352	6174
14-Dec-11	4763	4176		0	0	0	4176	6174
15-Dec-11	4746	3177	6354	0	0	0	8352	6174
16-Dec-11	4652	4086	8172	7443	3996	0	4176	6174
19-Dec-11	4613	5085	7992	7173	6354	0	8352	6174
20-Dec-11	4544	999	8991	0	0	0	8532	6174
21-Dec-11	4693	6174		0	0	0	6174	6174
22-Dec-11	4734	3996	0	0	0	0	4176	6174
23-Dec-11	4714	5994	5355	1998	0	0	8532	6174
26-Dec-11	4779	4995	5355	1998	0	0	8532	6174
27-Dec-11	4751	6084	8172	7443	3996	0	4176	6174
28-Dec-11	4706	7173	6354	0	0	0	8352	6174
29-Dec-11	4646	2178	7443	3996	0	0	4176	6174
30-Dec-11	4624	3996		0	0	0	4176	6174

2-Jan-12	4637	4176		0	0	0	4176	6174
3-Jan-12	4765	3087		0	0	0	8352	6174
4-Jan-12	4750	7083		0	0	0	8352	6174
5-Jan-12	4750	7083		0	0	0	8352	6174
6-Jan-12	4754	3087		0	0	0	8352	6174
7-Jan-12	4747	3267	5265	3996	0	0	4176	6174
9-Jan-12	4743	3996		0	0	0	4176	6174
10-Jan-12	4850	8082	0	0	0	0	8532	6174
11-Jan-12	4861	7173	6354	0	0	0	8352	6174
12-Jan-12	4831	7083		0	0	0	8352	6174
13-Jan-12	4866	3996		0	0	0	4176	6174
16-Jan-12	4874	4266	0	0	0	0	4176	6174
17-Jan-12	4967	5085	7992	7173	4356	0	8352	6174
18-Jan-12	4956	5085	7992	7173	4356	0	8352	6174
19-Jan-12	5018	8352	0	0	0	0	8352	6174
20-Jan-12	5049	9081	9621	0	0	0	8352	6174
23-Jan-12	5046	6084	8172	7443	3996	0	4176	6174
24-Jan-12	5127	6264	0	0	0	0	4176	6174
25-Jan-12	5158	6993		0	0	0	4176	6174
27-Jan-12	5205	5265	3996	0	0	0	4176	6174
30-Jan-12	5087	8172	7443	3996	0	0	4176	6174
31-Jan-12	5199	8352		0	0	0	8352	6174

1-Feb-12	5236	4176		0	0	0	4176	6174
2-Feb-12	5270	7263	5265	3996	0	0	4176	6174
3-Feb-12	5326	4176		0	0	0	4176	6174
6-Feb-12	5362	4176		0	0	0	4176	6174
7-Feb-12	5335	2178	7443	3996	0	0	4176	6174
8-Feb-12	5368	5085	7992	7173	4356	0	8352	6174
9-Feb-12	5412	4176		0	0	0	4176	6174
10-Feb-12	5382	6174		0	0	0	6174	6174
13-Feb-12	5390	9171	0	0	0	0	8532	6174
14-Feb-12	5416	5085	7992	7173	4356	0	8352	6174
15-Feb-12	5532	3177	6354	0	0	0	8352	6174
16-Feb-12	5522	3267	5265	3996	0	0	4176	6174
17-Feb-12	5564	1998		0	0	0	8532	6174
21-Feb-12	5607	7083		0	0	0	8352	6174
22-Feb-12	5505	4995	5355	1998	0	0	8532	6174
23-Feb-12	5483	5085	7992	7173	4356	0	8352	6174
24-Feb-12	5429	7083	0	0	0	0	8352	6174
27-Feb-12	5281	7263	5265	3996	0	0	4176	6174
28-Feb-12	5376	4086	8172	7443	3996	0	4176	6174
29-Feb-12	5385	4995	5355	1998	0	0	8532	6174

1-Mar-12	5340	5085	7992	7173	4356	0	8352	6174
2-Mar-12	5359	5994	5355	1998	0	0	8532	6174
3-Mar-12	5359	5994	5355	1998	0	0	8532	6174
5-Mar-12	5280	8262	6354	0	0	0	8352	6174
6-Mar-12	5222	2997		7173	6354	0	8352	6174
7-Mar-12	5220	4995	5355	1998	0	0	8532	6174
9-Mar-12	5334	2088		0	0	0	8532	6174
12-Mar-12	5360	6174		0	0	0	6174	6174
13-Mar-12	5430	5085	7992	7173	4356	0	8352	6174
14-Mar-12	5464	2088		0	0	0	8532	6174
15-Mar-12	5381	7173	6354	0	0	0	8352	6174
16-Mar-12	5318	7173	6354	0	0	0	8352	6174
19-Mar-12	5257	4995	5355	1998	0	0	8532	6174
20-Mar-12	5275	4995	5355	1998	0	0	8532	6174
21-Mar-12	5365	2997		7173	4356	0	8352	6174
22-Mar-12	5228	6264		0	0	0	4176	6174
23-Mar-12	5278	6174		0	0	0	6174	6174
26-Mar-12	5184	7083		0	0	0	8352	6174
27-Mar-12	5243	3087		0	0	0	8352	6174
28-Mar-12	5195	7992		7173	4356	0	8352	6174
29-Mar-12	5179	8172	7443	3996	0	0	4176	6174
30-Mar-12	5296	7083		0	0	0	8352	6174

2-Apr-12	5318	7173		0	6354	0	8352	6174
3-Apr-12	5359	5994	5355	1998	0	0	8532	6174
4-Apr-12	5323	2997		7173	4356	0	8352	6174
9-Apr-12	5234	3087		0	0	0	8352	6174
10-Apr-12	5244	2997		7173	4356	0	8352	6174
11-Apr-12	5227	5265	3996	0	0	0	4176	6174
12-Apr-12	5277	5175	5994	5355	1998	0	8532	6174
13-Apr-12	5207	7263	5265	3996	0	0	4176	6174
16-Apr-12	5226	4266		0	0	0	4176	6174
17-Apr-12	5290	9261	0	0	0	0	8352	6174
18-Apr-12	5300	5247	5085	7992	7173	3087	8352	6174
19-Apr-12	5332	2997	7173	6354	0	0	8352	6174
20-Apr-12	5291	8262	6354	0	0	0	8352	6174
23-Apr-12	5201	5085	7992	7173	4356	0	8352	6174
24-Apr-12	5223	3087	0	0	0	0	8352	6174
25-Apr-12	5202	4995	5355	1998	0	0	8532	6174
26-Apr-12	5189	8262	6354	0	0	0	8352	6174
27-Apr-12	5191	8352		0	0	0	8352	6174
28-Apr-12	5209	9261	0	0	0	0	8352	6174
30-Apr-12	5248	6084	8172	7443	3996	0	4176	6174

2-May-12	5239	7173	6354	0	0	0	8352	6174
3-May-12	5188	7263	5265	3996	0	0	4176	6174
4-May-12	5087	8172	7443	3996	0	0	4176	6174
7-May-12	5114	4266	0	0	0	0	4176	6174
8-May-12	5000	4995	5355	1998	0	0	8532	6174
9-May-12	4975	5175	5994	5355	1998	0	8532	6174
10-May-12	4966	4995	5355	1998	0	0	8532	6174
11-May-12	4929	7443		3996	0	0	4176	6174
14-May-12	4908	9351	8172	7443	3996	0	4176	6174
15-May-12	4943	5994	5355	1998	0	0	8532	6174
16-May-12	4858	4266	0	0	0	0	4176	6174
17-May-12	4870	8262	6354	0	0	0	8352	6174
18-May-12	4891	8352		0	0	0	6174	6174
21-May-12	4906	9171	0	0	0	0	8532	6174
22-May-12	4861	7173	6354	0	0	0	8352	6174
23-May-12	4836	5175	5994	5355	1998	0	8532	6174
24-May-12	4921	8172	7443	3996	0	0	4176	6174
25-May-12	4920	9171	0	0	0	0	8532	6174
28-May-12	4986	5175	5994	5355	1998	0	8532	6174
29-May-12	4990	9441	7992	7173	6354	0	8352	6174
30-May-12	4951	8082	0	0	0	0	8532	6174
31-May-12	4924	6993	6264	0	0	0	4176	6174

1-Jun-12	4842	5994	5355	1998	0	0	8532	6174
4-Jun-12	4848	4356	3087	0	0	0	8352	6174
5-Jun-12	4863	5175	5994	5355	1998	0	8532	6174
6-Jun-12	4997	5175	5994	5355	1998	0	8532	6174
7-Jun-12	5050	5445	1089	9621	0	0	8352	6174
8-Jun-12	5068	8082	0	0	0	0	8532	6174
11-Jun-12	5054	6084	8172	7443	3996	0	4176	6174
12-Jun-12	5116	5355	1998	0	0	0	8532	6174
13-Jun-12	5121	4059	9081	9621	0	0	8352	6174
14-Jun-12	5055	4995	5355	1998	0	0	8532	6174
15-Jun-12	5139	8180	8622	6354	3087	8352	0	6174

Nifty (Since 01/01/1997) & Significant Numbers

A few significant Numbers (just 11 in numbers) has made an appearence on closing basic     (23 occassions) and often referred as 'COINCIDENCE" in the Nifty (since 01/01/1997):
Fibonacci number made an appearence as an index value on 22-Jan-97 (IMHO) and made further appearence on a number of occasions as detailed below:-

Date	Day_Gap	Close	Number	Remark
22-Jan-97	na	987.10	987	Fibonacci
23-Jan-98	366	986.80	987	Fibonacci
5-Jan-00	712	1595.80	1597	Fibonacci
3-Feb-00	29	1597.90	1597	Fibonacci
29-Aug-02	938	987.25	987	Fibonacci
27-Nov-03	455	1598.35	1597	Fibonacci
22-Jul-04	238	1598.10	1597	Fibonacci
13-Aug-04	22	1598.20	1597	Fibonacci
7-Jun-07	1028	4179.50	4181	Fibonacci
24-Oct-08	505	2584.00	2584	Fibonacci

Four digit Fibonacci number 6765 is being looked forward for appearence.

Date Day_Gap Close Number Remark

30-Jun-05	na	2220.60	2223	Kaprekar
12-Jul-05	12	2220.80	2223	Kaprekar
8-Jun-06	331	2724.35	2728	Kaprekar
25-Mar-08	656	4877.50	4879	Kaprekar
15-Apr-08	21	4879.65	4879	Kaprekar
1-Apr-10	716	5290.50	5292	Kaprekar
23-Aug-11	509	4948.90	4950	Kaprekar
21-Oct-11	59	5049.95	5050	Kaprekar
2-Dec-11	42	5050.15	5050	Kaprekar
20-Apr-12	140	5290.85	5292	Kaprekar
30-May-12	40	4950.75	4950	Kaprekar
7-Jun-12	8	5049.65	5050	Kaprekar

Above detailed the appearence of Kaprekar numbers. Beside Kaprekar Constant 6174 had made an appearence once

14-Oct-10

6177.35

6174

Kap  Constant

whose re-appearence may augur well  before NIFTY reaches out a new high & may be Fibonacci number 6765 .

Vardhman Acrylics : Buy back is destined to Fail

Chart shows the most of volumes were during price at higher than the maximum rate of Rs. 12.50 set for the on-going buy back. With a broker who loves "squazing" all juices out of "nimbu" and investors are , generally, NOT in the habit of selling off at a loss, the buy back scheme is bound to be failure. I shall be surprised if it manages it manages to CROSS ONE CRORE OF SHARES MARK EVEN .

Data of trading & delivery in Vardhman Acrylics are analysed hereinbelow (Source: NSE quotation)

Price { }	Days	Date	Average	Average Traded	Deliverable	% Dly Qt to
			Price	Quantity	Av Qty	Traded Qty
< 8.00	60	8-May-12	7.45	48845	44694	91.50
< 9.00	119	12-Jun-12	8.38	56181	48813	86.89
< 10.00	62	11-Nov-11	9.29	82069	72792	88.70
< 11.00	106	4-Aug-11	10.42	73101	60075	82.18
< 12.00	52	15-Jun-11	11.25	200980	142600	70.95
< 13.00	31	5-May-11	12.11	217096	156783	72.22
< 14.00	61	15-Nov-10	13.32	268613	200795	74.75
< 15.00	44	28-Oct-10	14.45	474810	338689	71.33
< 16.00	22	27-Oct-10	15.52	725910	511774	70.50
>16.00	5	6-Aug-10	16.19	1140823	802271	70.32

First let me explain the table: column I is Price range below 8, column II is number of days traded in that range and last day in that range is shown in next column, average price, traded volume, delivery volume & percentage of delivery to trade are listed.

Significantly,  2,67,86,566 shares (out of 7,40,67,987 shares delivered during 01/04/2010 & 12/06/2012) were traded in the price range of Rs. 12 or lower; my observations are investors cling to their holding & MOSTLY do NOT sell off at a loss.

IMHO, the buy back scheme is destined to fail & may not cross the half mark even.

Why +ww set up fail ?

“Whenever a trend line is broken, it is almost a guarantee that you will find a Wave. Initially, heavy selling drops the price below support of the trend line. As the price struggles to get back,it meets resistance. The ingredients are in place and the motion acts naturally and forms a Wave (See greenish volume indicator).”

“What I do is parallel points 2 and 4 to point 3 and in some cases point 1. The area from the price of point 3, to the parallel of points 2 and 4 to point 3 is the sweet zone. This can be extremely valuable as it alerts you to potential risk”

“Signs that a Wave will not make it to the 1 to 4 target line.
A poorly formed Wave has less of a chance than a well formed Wave. If volume is not relatively heavy (see red line) at the 5 point, you should be suspicious. As the price reverses, the volume should decrease. If it does not, move to a shorter time frame and be on the look out for a contrary Wave forming. Get out at the first sign of trouble and wait for the next Wave to form. If you entered in the ‘sweet zone’ you probably have a profit anyway.”

Had used " ..." as all remarks are in the language of Bill Wolfe.

Vardhman Acrylics : A fixed deposit like Opportunity

Vardhman Acrylics : On going buy back
Date of commencement of Buy-back : May 29, 2012.
Last Date for the Buy-back : May 08, 2013.

Consider buying a Cash certificate at 14% discount : Rs. 10 shares of Vardhman Acrylic was traded at Rs 8.60 today. Book value : Rs 23.11 & EPS : Rs. 2.26 as on 31/03/2012. Inspite of on going buy back by the Company, the shares were trading around Rs. 7.90 to 8.70 since the 30th May & the Company mopped up 78% of the deliverable shares ; details as follows:-

Date	Number of shares	Deliverable	Others
	at NSE	Qty	Qty
30-May-12	50000	97101	47101
31-May-12	29080	33126	4046
1-Jun-12	114988	126888	11900
4-Jun-12	167782	204652	36870
	361850	461767

                   Bought back till monday 361850 shares & a minimum of 46,38,150 shares to be bought. A price rise of 3-4 (Over Rs. 8.60 as present) is expected IMHO by the time full mope is made.
 
Non-promotors holdings are summarised as follows:-

	Numbering	Total_Shares	Av Holdings
Bodies Corporate	492	10896964	22148
Individual <1L	14382	16425402	1142
Individual >1L	475	16374488	34473
TRUSTS & FOUNDATION	2	82989	41495
NRI'S	41	182303	4446
Any Other Total	43	530584	12339
	15435	44492730

Holding company VTM are keen to enhance their holding to 73+ % level , should the buy back is 100% Successful.

Nifty : Inversion of WAVES over 2 years

Have you notice a small '*' mark on the dotted line 5280 in the Nifty Chart of two years? What is the significance of this small '*' Mark ? Believe it or not, I am telling you that some 'driver' has been generating waves which are being charted from the beginnig to '*' mark ; suddenly after two GAPS Down one after another , waves are PENDULUM like reverting so to say after inverting anti-clock wise by 180 degree.

On 5^th August 2011, there was Gap down of 127.45 in NIFTY and on the next working day the 8^th August, there was a Gap down of 127.40 further. '*' is the middle point of two candles in the chart. Image from the chart May 2010 to 05/08/11 was inverted 180 degree( anti-clockwise) and placed below the actual chart. Resultant collage are reproduced herein below:- 

Upper portion is the actual chart with 8 packets of wave (marked 1 to 8) followed by  (after '*' mark) 8 packets of wave (marked 8 to 1) ; and the lower portion is  the inversion (anti-clockwise by 180 degree) of Chart (with outline of Nifty movements in Red) with these  8 packets of wave (marked 8 to 1). Resemblance from packet to packet is to be seen  and the most important thing to keep in mind is movements over 8 months are practically squezed in almost 5 months both fibonacci numbers.

Upper portion is the actual chart with 3 packets of wave (marked A,B & C) ; and the lower portion is the inversion (anti-clockwise by 180 degree) of Chart (with outline of Nifty movements ). Portion of wave (marked A, B & C )  appears to have resemblance and completed.

 However, remaining portion of the wave (as marked hereinabove) is IMHO yet to 'Play out'  .

Image of "Inverted" chart (in red) superimposed on Nifty chart.
SIMILARITY within 'oval' visible & red chart beyond LHS oval is YET TO PLAY OUT