Thursday, 24 April 2014

Monthly Data


Here is a summary of monthly data as a ready reckoner whenever Jan monthly high is crossed on a monthly basis, the lowest low it made after crossing the Jan high and highest high and its month.  For example, in year 2012 once it closed above 5217, it made lowest low of 4770 in the month of June and highest high of 5965 in the month of December 2012.

 
High Lowest Low Month Highest High Month
Jan-14 6358        
Jan-13 6112 5972 Nov 6415 Dec
Jan-12 5217 4770 June 5965 Dec
Jan-10 5311 4786 May 6338 Nov
Jan-09 3147 3478 May 5221 Dec
Jan-07 4167 4002 Aug 6185 Dec
Jan-06 3005 2595 June 4046 Dec
Jan-05 2120 2171 July 2857 Dec
Jan-03 1105 1089 July 1914 Dec






It seems like one needs to be ready to see a maximum fall of 10-15% from the Jan month high. One can also expect similar type of gains conservatively.

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