Posted on May 17, 2012

Weighted Average Of Nifty

Nifty has closed today at 4858 . The weighted moving  average for the same for 2000 days  (i e 2000Day WMA ) is 4692 at present . This means that the buyers have had only the benefit of Dividends and a very small capital appreciation. May be this is the reason for the Nifty to … Continue reading