Saturday, February 13, 2016

A good "Exceptional Friday" ie. 12th Feb 2016

The second rule of "Exceptional Friday" (Friday following continuous four days close in red) effect (50 to 100 points upmove from the low) was very good and Nifty closed in green after an upmove of 107 points. On Friday(12th Feb 2016) Nifty opened at 7023.65, moved down to 6869.00, moved up to 7034.80 and closed at 6980.95, with a gain of 4.60 points. The first rule of "Exceptional Friday" is "first Friday after the F&O expiry".

By the way, it may be interesting to readers how Nandi had realised the above rules. On Friday morning Nandi used to go to Pazhavangadi Ganapathi temple in Trivandrum and pray to the powerful deity there. It was observed that usually Nandi had lost money on Fridays. As there is no possibility that lord Vigneshwara is punishing Nandi for trading in stock market, an analysis was done. Then it was found that Nandi always bought first and sold it later. Hence came the realisation of Friday general rule and later the exceptions. First post on Exceptional Friday was made on Thursday, November 20, 2008.

2 comments:

baljath mangalath said...

huge uptrend is coming in nifty .nifty will touch 8650

Nandi said...

Dear Baljath,
Please explain the reasons behind the above prediction and also a time frame. Otherwise what you said will only confuse the readers and no purpose will be served.