Nifty 7000

If measured in terms of time taken for Nifty to climb the 1000 points from 6000, this has been the 2nd longest since Nifty started in 1996.

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The first 100 point move was the start of the massive bull rally we saw in 2003 – 2007. Will this be the starting point of another bull rally? Time shall tell for sure though

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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 (groups.yahoo.com/group/technical-investor)
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2 Responses to Nifty 7000

  1. Pradeep N says:

    Hey Prash,

    Surely, we can calculate the points wise rise, i think the table will make sense more if it is % wise.

    1k to 2k is 100% rise and 6k to 7k is only 16%.

    Best,
    P.

    • Prashanth says:

      Agree. Did not put % since as Nifty moves higher, difficult if not impossible to beat % move of lower levels 🙂

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