Category Archives: Nifty 50

Nifty 50 Price Momentum Indicator

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Nifty 50 Index Price Momentum

Below is the Nifty 50 Index from 2009 to 2023 applying the Price Momentum Indicator. Continue reading

Nifty 50 Price Momentum Indicator

Below is the Nifty 50 Index from 2009 to 2023 applying the Price Momentum Indicator. Continue reading

Nifty 50 Price Momentum

Below is a chart of Nifty 50 Index from 2009 to 2022, reflecting Price Momentum data.

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Dow’s Downside Target For the Nifty 50

Below are the downside targets based on the work of Charles H. Dow. Continue reading

Dow’s Downside Targets for the Nifty 50

Below are the downside targets based on the work of Charles H. Dow. Continue reading

November: Nifty 50–Coppock Buy Signal

The application of Coppock Curve to individual stocks is a challenge. It has proven to be even more difficult applying it to international stocks which, in this case, are India stocks. However, based on our previous work, the Nifty 50 Index has the potential to yield tremendous returns (see here).

To recap, the Nifty 50 Index has had a great record with the latest buy signal at the end of August 2020. See chart and table below for reference.

The list below is the first of many that we will produce in the coming months. All stats are based on 1 year holding period. In the table above, the "success rate" is the occurrence when stock yield positive results after one (1) year. Sample size is the number of buy signals.

While average gains for some companies may be enticing, pay close attention to the loss column as that is the real risk which offsets the potential reward.

ICICI Bank is listed on NYSE under IBN.

Nifty 50 – Coppock Analysis

Recently, we’ve seen some success applying the Coppock curve or indicator to individual companies. Could we scale this to an emerging market such as Nifty 50, a benchmark Indian stock market index? Running the data through this model reveals some exciting findings, so let’s dive into it.

The assumption we are working with is purchasing the Nifty 50 (^NSEI) when the Coppock issues a buy signal. The target holding periods are 1-3 years. Below are summary table showing important statistics such as success rate, largest loss or risk, average gain, and annualized return. Continue reading