Investing By Day of the Month

Idea borrowed from here

While the original post was done on Dow, I have done the same on Sensex. Number of data points is 7606 since the history of BSE Sensex is much smaller than Dow which has been in existence for more than a Century.

Here is the result,


Here is how it looks if plotted on daily basis


and here is the aggregate performance


PostScript: Changed the Average Monthly Performance Chart since previous one used wrong data 😦

About Prashanth

Have been a full time participant in the stock markets since 1996. Run a Yahoo Group where focus is exclusively on discussions of the Indian Markets using Technical Analysis as the tool (
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