A good "Exceptional Friday" ie. 15th Feb 2019

The second rule of "Exceptional Friday" (Friday following continuous four days close in red) effect (50 to 100 points up move from the low) was very good and before closing Nifty recovered 96% of morning fall. Today(15th Feb 2019) Nifty opened at 10780.25, moved down to 10620.40(-126 points), moved up to 10741.10(-5 points ie. recovery of 121 points) and closed at 10724.40, with a loss of 22 points only. 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 the famous Pazhavangadi Ganapathi temple in Thiruvananthapuram (now under reconstruction - Idol placed at Balalay facing West) and pray to the powerful deity there. It came to notice that usually Nandi 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.