Monday, August 24, 2009

Nifty closes in Gandharam. But below Agni level for tomorrow

Today (24-8-09) Nifty opened with a gain of 77 points, inched up to 4656 (15.10), declined to 4626 (15.30) and closed at 4643 in Gandharam with a gain of 114 points. Today's Soma level was at 4647 and Nifty remained below that level till 15.00. After that it added just 9 points more and reached today's high 4656. Tomorrow's Agni level is at 4674 which is above the Nifty closing today. Therefore, unless Nifty is able to close above 4674 tomorrow it is a signal to exit/short.

3 comments:

Ilango said...

Hi..Balanandan,

What an unique study yours is..!!

I have been following it regularly and your levels and analysis of the same by you on certain critical days are a great source of input for our conclusions.

Thank you.

ilango

Raju Bhai, Latur said...

Definately very good job. Heartiest congratulations. It is really great source of information. I am following the same every day.

Raju

Nandi said...

Dear Thiru Ilango,
Nandi goes through your views daily and found that more than 85% instances both observations matches even though based on entirely different methods. That always gives confidence to stick to Nandi's observations and say it even though that differs with many others. So, yours views are also excellent and keeps good standard.
Dear Raju,
Nandi is thankful to Lord Parameswara that vipanisangeetham is able to give help to many like you.