Point and Figure Analysis of Stocks

#35
Hi Dhanabh,

What about Nifty analysis for 13-04-11
Hi,
Although the nifty fell by 56.30 points to 5785.70 there is no change on P&F charts. As the reversal is of 3 boxes and with boxsize of 1% of Maximum value of Nifty during 1/11/10 to 11/4/11, everything below 189 points will be treated as noise and there will be no new column of "O"s.

Therefore the analysis done on 10/4/2011 is still applicable. But for your benefit I will upload analysis of Nifty with reversal of 2 boxes tonight.:thumb:

regards,
Dhanabh
 
#38
hi dhanab,
NIFTY'S DAY LOW ON 11 TH APRIL IS 5777.9...BUT SOME HOW MAY BE DUE TO ERRONEOUS DATA YOU MENTIONED IT AS 5733. YOU ARE DOING A GOOD JOB ...PLEASE KEEP IT UP.

ALL THE BEST
Hi,
Nothing wrong with the data. There was a small bug in the program. Removed it and corrected the analysis. Updated the new P&F analysis at
http://pointandfigure.co.cc/technical-analysis-of-nse-nifty-using-point-and-figure-charting-on-12apr2011/

Thanks and best regards,
Dhanabh
 

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