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Back testing Document NIFTY 50



1
EOW Friday, May 02, 2014
Buy NIFTY 50 above 6760 for a target of 6807.
Sell NIFTY50 below 6684 for a target of 6636.
The important date(s) for NIFTY50 this week
Expecting first to SHORT
Wednesday, May 07, 2014, Thursday, May 08, 2014

Comment : NIFTY 50 made a LOW of 6638 on Thursday, May 08, 2014
and made a high of 6871 on Friday, May 09, 2014.

EOW Friday, May 09, 2014
Buy NIFTY 50 above 6825 for a target of 6911.
Sell NIFTY50 below 6685 for a target of 6598.
Expecting first to Long
The important date(s) for NIFTY50 this week
Monday, May 12, 2014, Tuesday, May13, 2014., Wednesday, May 14, 2014, and
Thursday, May 15, 2014.

Comment : NIFTY 50 made a High of 6871.35 on Friday, May 09, 2014
and could not make it to its expected target of 6911. The low was
6638.55 which also did not match its lower target price.





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Back testing Document NIFTY 50



2
EOW Friday, May 16, 2014
Buy NIFTY 50 above 7442 for a target of 7711.
Sell NIFTY50 below 6985 for a target of 6715.
Expecting first to Short
The important date(s) for NIFTY50 this week
Tuesday, May 20, 2014.

Comment : NIFTY 50 did not touch the sell level or buy level for the
week. Even though it sank on Wednesday, May 21, 2014. It bounced back
considerably.


EOW Friday, May 23, 2014
Buy NIFTY 50 above 7343 for a target of 7412.
Sell NIFTY50 below 7232 for a target of 7162.
Expecting first to Long
The important date(s) for NIFTY50 this week
Tuesday, May 27, 2014.

Comment : NIFTY 50 opened above target price and made a high of
7504. And started its drop on Tuesday, May 27, 2014. And cracked 7162 on
Friday, May 30, 2014. And made a low of 7118.






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Back testing Document NIFTY 50



3
EOW Friday, May 30, 2014
Buy NIFTY 50 above 7430 for a target of 7575.
Sell NIFTY50 below 7193 for a target of 7048.
Expecting first to Short
The important date(s) for NIFTY50 this week
Wednesday, June 4, 2014 , Thursday, June 5, 2014.

Comment : NIFTY 50 did not come to its sell level. The market closed
above buy level on Thursday, June 05, 2014. At 7474 and cleared its
buy target of 7575, and made a high of 7592 on Friday, June 6, 2014.


EOW Friday, June 6, 2014
Buy NIFTY 50 above 7524 for a target of 7656.
Sell NIFTY50 below 7308 for a target of 7176.
Expecting first to Long
The important date(s) for NIFTY50 this week
Tuesday, June 10, 2014.

Comment : NIFTY 50 cracked the Upper target on Tuesday, June 10,
2014. And made another high of 7700 on Wednesday, June11, 2014. And
crashed there on to a low of 7525 on Friday, June 13, 2014.





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Back testing Document NIFTY 50



4
EOW Friday, June 13, 2014
Buy NIFTY 50 above 7664 for a target of 7729.
Sell NIFTY50 below 7561 for a target of 7496.
Expecting first to Short
The important date(s) for NIFTY50 this week
Monday, June 16, 2014, Tuesday, June 17, 2014, Friday, June 20, 2014

Comment : NIFTY 50 started sinking from the opening on Moday,
June 16, 2014. And made a low of 7497.3 against our target of 7496.
On Friday, June 20, 2014


EOW Friday, June 20, 2014
Buy NIFTY 50 above 7627 for a target of 7692.
Sell NIFTY50 below 7523 for a target of 7459.
Expecting first to Short
The important date(s) for NIFTY50 this week
Monday, June 23, 2014, Tuesday, June 24, 2014, Thursday, June 26
, 2014, Friday, June 27, 2014

Comment : As too many dates have cropped up it was understood
that the market may be range bound even if it breaks either side
too. It had happened the same as expected. Even though the
market opened bellow our sell level it never managed to reach our
target price.



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Back testing Document NIFTY 50



5
EOW Friday, June 27, 2014
Buy NIFTY 50 above 7562 for a target of 7618.
Sell NIFTY50 below 7473 for a target of 7417.
Expecting first to Short
The important date(s) for NIFTY50 this week
Monday, June 30, 2014, Thursday, July 3,
2014.

Comment : Nifty Cracked upper target on Monday, June 30, 2014
itself. As it closed in green Market continued its upper rally upto
Thursday, July 3, 2014. And made a high of 7754.


EOW Friday, July 04, 2014
Buy NIFTY 50 above 7712 for a target of 7796.
Sell NIFTY50 below 7577 for a target of 7493.
The important date(s) for NIFTY50 this week
Tuesday, July 08, 2014.
Comment : NIFTY 50 made a high of 7808 on Tuesday, July 08, 2014
which cracked our upper target & crashed on Tuesday, July 08, 2014
and cracked our lower target of 7493. Made a low of 7447. On
Friday, July 11, 2014.





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Back testing Document NIFTY 50



6
EOW Friday, July 11, 2014
Buy NIFTY 50 above 7738 for a target of 7874.
Sell NIFTY50 below 7518 for a target of 7382.
Expecting first to Short
The important date(s) for NIFTY50 this week
Monday, July 14, 2014, Tuesday, July 15, 2014, Thursday, July 17, 2014.

Comment : As again it can be seen that many dates usualy dont let
a variable reach its target prices. The market did not touch either
target prices.


EOW Friday, July 18, 2014
Buy NIFTY 50 above 7632 for a target of 7730.
Sell NIFTY50 below 7475 for a target of 7377.
Expecting first to Long
The important date(s) for NIFTY50 this week
Tuesday, July 22, 2014,

Comment :