Since 1995, when the Nifty 50 Index closed above its 200-day moving average with 10 trading days to complete the calendar year, the Nifty delivered a reasonable outcome for Indian equity investors. 10-day average return 2.21% with a 16 from 17 win rate.
Disclaimer: This data is not financial advice. Data is for informational purposes only & should not be used to make any investment decisions. No representation or warranty is given as to the accuracy or completeness of this information. Past performance is not a guide to future performance & may not be repeated.
Disclaimer: This data is not financial advice. Data is for informational purposes only & should not be used to make any investment decisions. No representation or warranty is given as to the accuracy or completeness of this information. Past performance is not a guide to future performance & may not be repeated.
Yorum:
The Nifty 50 Index continues to display a reliable edge with regard to a close above its 200-day moving average with 10 trading days to complete the calendar year. In 2021, this 10-day interval delivered an out-of-sample return of 2.17% (in-sample average 2.21%). Win rate now stands at 17 from 18 events.