My calculation says march series we may close in 300-400 points upside and then we may hit 6440.
Reason is history in last 10 yrs we never down Jan/feb/march series in a row.We almost 975.75 down by jan/feb series,now we are in oversold territory so high probability is ,we may close march series in green. 975.75*3=325.25 . My target march series closing would be 6970.60+325.25=7295.85. But overall trend will be down in 2016 whole series and after march series we will heading towards 6440.
We almost down by 975.75 in Nifty spot in 2016, Down side Target is 975.75 X3=2927.25 points . So we remain downside is 1952 in next 10 series and upside points is 975.75+325.25=1301 ,1952-1301=651 points remain to down in nifty from Feb exp level 6970.60-651=6319.60 So maximum down side target is 6319 in 2016
Leap years 2008 Very bad / 2012 Very good /2016 Very bad already started.
2008 jan -944 then recover +147=797 and now 2016 we already 975 points down,so Signal is very bad and match with 2008.
Will history repeat ? If yes then march series will be good for CE players,and rest series will be good for PE.....players
PS: I use power of 3 to my calculation.
Reason is history in last 10 yrs we never down Jan/feb/march series in a row.We almost 975.75 down by jan/feb series,now we are in oversold territory so high probability is ,we may close march series in green. 975.75*3=325.25 . My target march series closing would be 6970.60+325.25=7295.85. But overall trend will be down in 2016 whole series and after march series we will heading towards 6440.
We almost down by 975.75 in Nifty spot in 2016, Down side Target is 975.75 X3=2927.25 points . So we remain downside is 1952 in next 10 series and upside points is 975.75+325.25=1301 ,1952-1301=651 points remain to down in nifty from Feb exp level 6970.60-651=6319.60 So maximum down side target is 6319 in 2016
Leap years 2008 Very bad / 2012 Very good /2016 Very bad already started.
2008 jan -944 then recover +147=797 and now 2016 we already 975 points down,so Signal is very bad and match with 2008.
Will history repeat ? If yes then march series will be good for CE players,and rest series will be good for PE.....players
PS: I use power of 3 to my calculation.
Last edited: