Forwarded from Fast Profits Daily
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Weekly Seasonality Analysis on Nifty 📈
As we step into the final week of the August series, Nifty ventures into the 35th week of 2023.
A fascinating insight from Seasonality Analysis has emerged – out of the 52 weeks in a year, a mere 8 have displayed an average gain of over +1% throughout a historical span of 27 years. Interestingly, Week 35 stands proudly among this select group.
Delving deeper into the statistics of Week 35, we observe an average gain of 1.09%. This remarkable figure is backed by a track record of 19 positive years, where the market saw an uptrend and only 8 years when it experienced a downturn. The significance of these findings sheds light on the potential opportunities this week might offer.
Happy Sunday!
#SeasonalityAnalysis
#Nifty
As we step into the final week of the August series, Nifty ventures into the 35th week of 2023.
A fascinating insight from Seasonality Analysis has emerged – out of the 52 weeks in a year, a mere 8 have displayed an average gain of over +1% throughout a historical span of 27 years. Interestingly, Week 35 stands proudly among this select group.
Delving deeper into the statistics of Week 35, we observe an average gain of 1.09%. This remarkable figure is backed by a track record of 19 positive years, where the market saw an uptrend and only 8 years when it experienced a downturn. The significance of these findings sheds light on the potential opportunities this week might offer.
Happy Sunday!
#SeasonalityAnalysis
#Nifty
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