I made a small analysis of Nifty data for 8 years to check which days give more positive closing and the one gving negative closing, and the result - check it for yourself.
Friday, September 24, 2010
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This blog intends to reduce the noise from the markets by the use of Market Profile as well as studying inter-market associations and their relevance to the short-term trend.
2 comments:
Hi Sanjay,
Thank you for the study.Very intersting and clearly no edge on any single day.
It agrees with the data I had till end of November last year, and as mentioned in the Trading room yesterday only an 80 :20 ratio would have made us look at any single day as being different. The positive nos of days is also because of positive returns in the index since 2002.
Good data.
New Post Done.....
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