Time Based Technicals

pspatel · #1 13th April 2008, 09:16 PM

Interesting find :

8th Feb, 07 Top 4245 to
5th Mar , 07 Low of 3554 – 17 days
From Low of 3554 of 5th Mar 07 to
Top of 4647.95 of 24th July, 07 – 105 days ( 122 days Top to Top )
From Top of 4647.95 of 24th July, 07 to
Low of 4002.2 of 17th Aug, 07 – 17 days ( 122 days Low to Low )
From Low of 4002.2 of 17th Aug, 07 to
Top of 6357.1 of 8th Jan, 08 – 99 days ( 116 days top to top )
From Top of 6357.1 of 8th Jan, 08 to
Low of 4448.5 of 22nd Jan, 08 – 10 days ( 109 days Low to Low )

An almost exact time based match on the Nifty.
PS : Days calculated are are trading days.
Still working on it can anyone add more please???

pspatel · #2 14th April 2008, 09:50 PM

Have you seen the above post?
Now see this :

From Low of 4448.5 of 22nd Jan, 08 to
Top of 5506.6 of 5th Feb, 08 – 10 days (21 days Top to Top)
From Top of 5506.6 of 5th Feb, 08 to
Low of 4468.55 of 18th Mar, 08 - 29 days (40 days Low to Low)
From Low of 4468.55 of 18th Mar, 08 to
Top of 4970.8 of 28th Mar, 08 – 6 days ( 36 days Top to Top)
From Top of 4970.8 of 28th Mar, 08 to
Ongoing Low of 4632.7 of 4th Apr, 08 – 6 days ( 12 days Low to Low )
Has a Low to High move begun?
What are your conclusions? Any comments??

Laksh · #3 14th April 2008, 10:16 PM

Quote:

Originally Posted by pspatel

Have you seen the above post?
Now see this :

From Low of 4448.5 of 22nd Jan, 08 to
Top of 5506.6 of 5th Feb, 08 – 10 days (21 days Top to Top)
From Top of 5506.6 of 5th Feb, 08 to
Low of 4468.55 of 18th Mar, 08 - 29 days (40 days Low to Low)
From Low of 4468.55 of 18th Mar, 08 to
Top of 4970.8 of 28th Mar, 08 – 6 days ( 36 days Top to Top)
From Top of 4970.8 of 28th Mar, 08 to
Ongoing Low of 4632.7 of 4th Apr, 08 – 6 days ( 12 days Low to Low )
Has a Low to High move begun?
What are your conclusions? Any comments??

Yes I've noticed it. Nifty has a more or less reliable cycle of 120 trading days and a shorter term cycle of about 18-20 days. However, this needs a study on a much larger set of data.

Laksh

pspatel · #4 15th April 2008, 09:29 PM

Thanks Laksh! My first thread & first reply. Yes a deeper study is definitely needed. The logical move from Low to High (as suggested) has started from 7th April after going lower to 4628.8. So Llow to Low coun now stands at 13 & the Low to high move which starts from 7th April to 15th April (on going) & stands at 6days ( on going).

sudoku1 · #5 15th April 2008, 09:33 PM

nice findings......but friends...a larger time frame say 10 yrs may b valuable 2 come up for conclusions.....the abv findings r from bull mkt , so they may differ vastly from bear mkt findings....

pspatel · #6 16th April 2008, 10:09 PM

Today was the 7th day of the upmove of Low to High - an exact match of High to Low of 7 days now we have to see weather Low to Low - 13 days matches High to High as technically we have not still finished the move as we have broken yesterdays high & closed above yesterdays close too. We have to assume that it was the match of 7 days that eventually got the market down & then up.
Confirmation can come only 2morrow. So far so good!!!
Thanks sudoku1! Shall try & do 10 years if you or someone can supply the data.

Cactus · #7 16th April 2008, 10:45 PM

Really nice finding........but cycle keep cahnging...........and it wont be same in different time horizen .......so study on broad data is necessary........

identifying trend and catching cycle can definitly be a mile stone.

Cactus · #8 16th April 2008, 10:48 PM

Data can be downloded from NSE website, not sure for 10 years..... but for 5-6 years definitly.

Quote:

Originally Posted by pspatel

Shall try & do 10 years if you or someone can supply the data.

sudoku1 · #9 17th April 2008, 10:36 AM

Quote:

Originally Posted by pspatel

Today was the 7th day of the upmove of Low to High - an exact match of High to Low of 7 days now we have to see weather Low to Low - 13 days matches High to High as technically we have not still finished the move as we have broken yesterdays high & closed above yesterdays close too. We have to assume that it was the match of 7 days that eventually got the market down & then up.
Confirmation can come only 2morrow. So far so good!!!
Thanks sudoku1! Shall try & do 10 years if you or someone can supply the data.

data available from 1991 for sensex......
http://charting.bseindia.com/charting/index.asp

pspatel · #10 18th April 2008, 12:58 AM

Thanks cactus & sudoku1! And the confirmation comes!!! Markets go up & break yesterdays high & close above it! What say???
More later!