2012 Nifty Prediction Game

2012 Nifty Prediction Game - Nifty will close on 31 Dec 2012

  • 6351 & above

    Votes: 20 35.1%
  • 5851 - 6350

    Votes: 10 17.5%
  • 5351 - 5850

    Votes: 16 28.1%
  • 4851 - 5350

    Votes: 8 14.0%
  • 4351 - 4850

    Votes: 3 5.3%
  • 3851 - 4350

    Votes: 3 5.3%
  • 3351 - 3850

    Votes: 2 3.5%
  • 2851 - 3350

    Votes: 0 0.0%
  • 2351 - 2850

    Votes: 0 0.0%
  • 2350 & below

    Votes: 1 1.8%

  • Total voters
    57
  • Poll closed .

intellibitz

Well-Known Member
#1
2012 Nifty Prediction Game - Nifty will close on 31 Dec 2012 probably at

^ 6351 & above (37% & above)
^
^ 5851 - 6350 (27% to 37%)
^ 5351 - 5850 (17% to 27%)
^ 4851 - 5350 (7% to 17%)
|
| 4351 - 4850 (2012 opens here)
|
v 3851 - 4350 (17% to 7%)
v 3351 - 3850 (27% to 17%)
v 2851 - 3350 (37% to 27%)
v 2351 - 2850 (50% to 37%)
v
v 2350 & below (50% & below)

2011 Nifty
Open 6177
Close 4624
Range 6177 - 4624 = -1553 (-25%)
^ High 6181 (jan 2011)
v Low 4531 (dec 2011)

Note that the high was made in the first month and low was made in the last month of 2011, so the downtrend is still on.
 
Last edited:
#3
I cast two votes - range 3851-4850. IMO, the range will be somewhat wider: 3600-4900.

While near term charts are showing definite bearishness, the longer term charts are showing a sort of ascending triangle (continuation), which may mean accumulation, according to chartschool.

So, I expect the years 2012,2013 & 2014 to be somewhat bearish but in accumulation mode, just like the years 2000, 2001 & 2002. Those with longer memories/charts may comment on the 1994-1996 situation. My guess is that the property prices may also see a highly bearish phase (if not a slump) during this period, so be on the lookout for property too.

This year I expect a bump up from around 4000 (+/- 200) level, if at all it reaches that low.

Nifty (spot) :

Half-yearly & yearly charts.




Monthly & Quarterly charts.



Daily & weekly charts.

 

4xpipcounter

Well-Known Member
#6
I don't know how anyone can actually predict what the closing price of the market will be 364 days from now. I do know the market is in a LT DOWN and it will stay there at least at the beginning of 2012, which means there is no way it can exceed 5554. It is clear at least 4158 gets head to the south this year.

I guess you could say that from the posts up to this point, my views are most closely aligned with Intelliblitz and Timepass.
 
Last edited:

intellibitz

Well-Known Member
#7
Sat Jan 07, 2012 - Week1 update:

Nifty:
Open 4640
High 4794 (Fri)
Low 4588 (Mon)
Close 4746
Weekly trend - UP

Poll result so far:
6351 & above 5 27.78%
5851 - 6350 1 5.56%
5351 - 5850 3 16.67%
4851 - 5350 6 33.33%
4351 - 4850 3 16.67%
3851 - 4350 2 11.11%
3351 - 3850 1 5.56%
2851 - 3350 0 0%
2351 - 2850 0 0%
2350 & below 1 5.56%

Majority vote 4851 - 5350 close for 2012.


2012 Nifty Prediction Game - Nifty will close on 31 Dec 2012 probably at

^ 6351 & above (37% & above)
^
^ 5851 - 6350 (27% to 37%)
^ 5351 - 5850 (17% to 27%)
^ 4851 - 5350 (7% to 17%)
|
| 4351 - 4850 (2012 opens here)
|
v 3851 - 4350 (17% to 7%)
v 3351 - 3850 (27% to 17%)
v 2851 - 3350 (37% to 27%)
v 2351 - 2850 (50% to 37%)
v
v 2350 & below (50% & below)

2011 Nifty
Open 6177
Close 4624
Range 6177 - 4624 = -1553 (-25%)
^ High 6181 (jan 2011)
v Low 4531 (dec 2011)

Note that the high was made in the first month and low was made in the last month of 2011, so the downtrend is still on.
 

intellibitz

Well-Known Member
#8
Fri Jan 13, 2012 - Week2 update:
Open 4747
High 4898 (Fri)
Low 4695 (Mon)
Close 4866
Change +119 (2.5%)
Weekly trend - UP

Sat Jan 07, 2012 - Week1 update:

Nifty:
Open 4640
High 4794 (Fri)
Low 4588 (Mon)
Close 4746
Weekly trend - UP

Poll result so far:
6351 & above 5 27.78%
5851 - 6350 1 5.56%
5351 - 5850 3 16.67%
4851 - 5350 6 33.33%
4351 - 4850 3 16.67%
3851 - 4350 2 11.11%
3351 - 3850 1 5.56%
2851 - 3350 0 0%
2351 - 2850 0 0%
2350 & below 1 5.56%

Majority vote 4851 - 5350 close for 2012.
 

intellibitz

Well-Known Member
#9
ALERT: New Channel Entry.

Jan 13, 2012 Nifty had entered and closed on the way up in a new channel 4851 - 5350. Dec 12, 2011 was the last time this channel broke on the way down and Nifty went into 4351 - 4850 channel.

Weeklies and Monthlies are up in 2012. Nifty can very well test 5350 if..well there's a lot of ifs and buts...


2012 Nifty Prediction Game - Nifty will close on 31 Dec 2012 probably at

^ 6351 & above (37% & above)
^
^ 5851 - 6350 (27% to 37%)
^ 5351 - 5850 (17% to 27%)
^ 4851 - 5350 (7% to 17%)
|
| 4351 - 4850 (2012 opens here)
|
v 3851 - 4350 (17% to 7%)
v 3351 - 3850 (27% to 17%)
v 2851 - 3350 (37% to 27%)
v 2351 - 2850 (50% to 37%)
v
v 2350 & below (50% & below)

2011 Nifty
Open 6177
Close 4624
Range 6177 - 4624 = -1553 (-25%)
^ High 6181 (jan 2011)
v Low 4531 (dec 2011)

Note that the high was made in the first month and low was made in the last month of 2011, so the downtrend is still on.
 

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