After touching lifetime high of 6415 on 9th December, 2013(close at 6364 on that day is the highest close so far) on anouncement of results of four state assemblies including Delhi, Nifty declined to 6130. Nifty again moved up to 6358(2-1-14) and declined to 6140. Last week Nifty again moved up to 6347 and started to decline.
During December, Nandi's daughter bought a new car under exchange offer and its number is 4671. The number felt familiar to Nandi and on checking found that it is a rearragement of Kaprekar constant 6174. The rearragement of Kaprekar constant will give us 7641, 7614, 7461, 7416, 7164, 7146, 6741, 6714, 6471, 6417, 6174, 6147. It is interesting to note that Nifty's high so far is 6415 and it's just below 6417. Again Nifty didn't move much below 6147 and closing was above that figure. Therefore, immediate trend will be decided once Nifty breaks this range 6417 - 6147 (remember bottom of D1 is 6154).
2 comments:
Nifty closes below the No 6147.The trend has been reversed ?
Dear Bala,
As Nifty's close at 6136 is below the bottom of D1(6154) and Kaprekar varient(6147), Nifty is headed further down. Last thing to break is daily average D1 bottom level(6154) which may see tomorrow. If it happens next level is centre of P(5952)
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