Sunday, December 21, 2008

Nifty in Sudha Daivatham band width.

The Friday the 19th December,2008 also defied the usual pattern of Fridays and closed at 3078 in Sudha Daivatham band width (3077-3263)with a gain of 17 points. It seems, the up move may be terminated at Sudha Daivatham (3178)as expected earlier. The next trend reversal possibility is after the no moon-day on 27th December 2008. But as stated earlier the MFs may try hard to lift the market up to 31st December to better their performances. However, high volatility also can be expected during this period.

2 comments:

Idris said...

Hello could you pls explain how you arrived at the Sudha Daivatham band width (3077-3263)

I tabulated this in excel and Sudha Daivatham I get 3174

Thanks for your wonderful work and music



Shadjam 7936 2.000
Kakali Nishadham 7440 1.875 7440
Kaisiki Nishadham 7146 1.800 7142.4
Chatusruti Daivatham 6696 1.688 6697.984
Sudha Daivatham 6355 1.600 6348.8
Panchamam 5952 1.500 5952
Prati Madhyamam 5642 1.422 5642.496
Sudha Madhyamam 5286 1.333 5289.344
Anthara Gandharam 4960 1.250 4960
Gandharam 4759 1.200 4761.6
Chatusruti Rishabham 4464 1.125 4464
Sudha Rishabham 4232 1.067 4233.856
Shadjam 3968 1.000 3968
Kakali Nishadham 1.875 3720
Kaisiki Nishadham 1.800 3571.2
Chatusruti Daivatham 1.688 3348.992
Sudha Daivatham 1.600 3174.4
Panchamam 1.500 2976
Prati Madhyamam 1.422 2821.248
Sudha Madhyamam 1.333 2644.672
Anthara Gandharam 1.250 2480
Gandharam 1.200 2380.8
Chatusruti Rishabham 1.125 2232
Sudha Rishabham 1.067 2116.928
Shadjam 1.000

Nandi said...

Dear Shri Idris,
Really surprised, the efforts you are taking to follow the music scales. Nandi believes that you have not seen the post dated 6 October 2008 with the heading Nifty breaches 3800 level. Please go through it. 3077 is the mid point between 2976 (Panchamam) and 3178 (Sudha Daivatham). Similarly 3263 is the midpoint between 3178 and 3348(Chat. Daivatham). Thanks for the efforts taken.