Disclaimer :
This is purely my view. please take your own decisions !
Happy Independence Day & Happy Trading ! :)

Historical Mystery of Square Roots :)

THIS CALCULATIONS ARE PURELY PERFORMED BY ME AND MYSELF :)

You all are Warmly Welcome to have a look at historical mystery of calculation and future possible outcomes.

It a play of Square Roots ! :)

Lets Begin…..

NIFTY MADE LOW : 4531  ( year : 2011 )
Now  Square Root of 4531 = 67.3127
Add 8 to it (67.3127 + 8 ) = 75.3127
Take Square of it (75.3127 ^ 2) = 5672.003  (This should be the TOP)
Later NIFTY MADE HIGH : 5629

Now take Square Root of actual HIGH (i.e. 5629)

Now  Square Root of 5629 = 75.02666

Add 8 to it (75.02666 – 4  ) = 71.02666

( 4 half of 8 , which was Initial Figure to get the Retracement Figure :)

Take Square of it (71.02666 ^ 2) = 5044.787  (This should be the RETRACEMENT)

Later NIFTY MADE LOW : 4770

Now the most important part comes :

Now if we think we are in Bull Market ( then next figure should be taken as 8)

WHICH POINTS TO HIGH OF 5939

But at this time we consider trend as neutral ( so called SIDEWAYS)

Back to point, LOW MADE : 4770

Now  Square Root of 4770 = 69.06519

Add 8 to it (69.06519 + 4 ) = 73.06519

( Here we took as 4 , there is a reason actually because NIFTY had made LOW much lower  than level calculated , 5044 but 4770 )

Take Square of it (73.06519 ^ 2) = 5338.521  (This should be the TOP)

Later NIFTY MADE HIGH : 5348 :)

Now  Square Root of 5348 = 73.13002

Add 8 to it (73.13002 –2  ) = 71.13002

Take Square of it (71.13002 ^ 2) = 5059.48 (This should be the RETRACEMENT)

Later NIFTY MADE LOW : 5032 :)

Now  Square Root of 5032 = 70.93659

70.93659 + 4 = 74.93659

Take Square of it (74.93659 ^ 2) = 5615.493  (This should be the TOP)

So far NIFTY MADE HIGH of 5387 :)  it should be 5615 :)

But see if really BULL RUN started, so as calculated the level  of 5939 :)

Disclaimer :
This is purely my view. please take your own decisions !
Happy Independence Day & Happy Trading ! :)