Today(12-6-09) Nifty closed at 4583 which is in Chatusruti Rishabham band width. Last Friday(5-6-09)also Nifty closed at the same level ie. 4587. On the start of this week (Monday, 7th June,2009) Nifty closed at 4430 with a loss of 157 points. Whether it will be repeated next Monday? As Nifty closed below the Agni level, there is chances for the repetition of the same. But, Soma-Surya levels are not supporting that view. Both of them are almost at the same levels as that of today and that indicates recovery to today's opening levels. So, let us see what happens.
Today up to 12.00 p.m Nifty didn't show any weakness (ignoring 3 points minus at the start). At 12.00 p.m came the "waterfall" like down move which took Nifty from the day's high of 4693 to 4588 (loss of more than 100 points); that too within 40 minutes. The next down ward movement took Nifty to 4566 before closing at 4583. Thus, weekly gain or loss in Nifty is zero. So,let us wait up to Monday.
As Nifty skipped Shadjam (3800-4100)during the recent up move, it ought to move to that area. The time frame may be any time up to August.
3 comments:
Pranams sir.
you ideaology of Nifty as mother nature, and the elemental classification of different levels, bowls me over.
i too, am of the same ideology, but way way novice.
you said 4100-3800 could be anytime, uptil august.
i recently on 12th entereda positional short with a tgt of 3700 in july.
could you please have one look, and
contribute...
http://www.vfmdirect.com/forums/show.cgi?topicid=1243826049#1244847520
thanks and pranams,
wroodrah.
PS:- would love to hear (in depth) about your nifty philosophy
do write if you find the time wroodrah@yahoo.com
Dear Shri Wroodrah,
Pranams to you. Nandi always goes through your messages in vfmforum and found NathNifty very informative and predictive. Nandi knows that you are capable of handling the question raised, without anybody's help.
After the historic upper circuit, on 19th March Nandi wrote that since Shadjam has not been touched Nifty should go below 4100 levels and it came to 4092 on 26th May. But that is not enough, it should stay in the range 4100-3800 for a couple of days. That is what Nandi is expecting.
Happy to note that you have chosen the photo of Lord Shiva full- filling the wish of Bhageeratha. Hard work of Bhageeratha brought River Ganga to Earth which still enriching the financial and cultural life of our mother country.
Thanks for visiting Vipani Sangeetham and posting comments.
Please read 19th March as 19th May. Sorry for the error.
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