Monday, December 29, 2008
A word of caution
Wonder! Why Soma-Surya levels for Tuesday are down(Surya -105 points)when Nifty is 65 points up? While posting the last message on Sunday, based on Friday figures, Nandi was confident that the Nifty would regain on Monday what had lost on Friday, because Soma-Surya levels were almost same for Friday and Monday. More over Monday's Agni level was just 8 points up from Friday closing. Hence the mentioning of opportunity to buy. Now Nandi is not so sure that Nifty will touch Sudha Daivatham (3178) before coming down. Be on guard for any fall, apply strict stop loss / trailing stop loss. And never hold longs when Nifty touches the Agni level. This is just a word of caution.