Nandi's worksheet for your eyes only.
Letter "O" stands for opportunities.
In "Yesterday" there is no "O" in it and hence no opportunities. It is already gone.
In "Today" one "O" in it and there is opportunity.
In "Tomorrow", "O"s are coming one after another and hence many opportunities.
TAKE ADVANTAGE OF IT
Thursday, October 29, 2009
Today (28-10-09)Nifty closed at 4751 with a loss of 75 points. After opening with a loss of 88 points, till the opening of European markets at 13.30 Nifty stayed below 4786. Then it jumped from 4765 to 4818 to fall again at 4740 and close at 4751. Tomorrow being an Exceptional Friday on both counts ( Next day after settlement of F&O series & Friday coming after last three/four days negative closing) Nifty should have a positive closing. Fulfillment of both the conditions in one Friday is rare and that is happening tomorrow. Tomorrow's Agni level is at 4721 which is lower than today's closing, which is positive. A small bounce back may be there and it should be utilised for exit only.
Wednesday, October 28, 2009
Today (28-10-09)Nifty closed at 4826 in Gandharam band width with a loss of 21 points. Today's low was 4784 from where Nifty bounced back 83 points to 4867, today's high. Tomorrow's Agni level is at 4820, below the Nifty closing and hence positive. A bounce back up to 4900 may be possible. But, being the settlement day for October series high volatility is expected and seasoned traders alone may try their luck.
Tuesday, October 27, 2009
Find the heading "Spectacular Moon-Jupiter conjunction today" in today's (27-10-09)Business Line last page top-right corner. Sky gazers are in for a celestial treat on Tuesday as Jupiter and Moon are converging for a beautiful conjunction. The two heavenly bodies will be around 3.5 degrees apart, that means as seen from the Earth the apparent distance between them in the sky would be seven times the size of the full moon. The event, also some times known as an Appulse, will be visible for hours after sunset.
Is this conjunction caused the crash today ? or the bad effects of RBI credit policy ? Traders may differ in their opinion. However, the market fall expected by vipanisangeetham from 2nd November,2009 started much earlier. Wise advice : Never time the market. As Nifty has closed at 4847 near 19x in Gandharam bandwidth fall is likely to continue. But, a temporary small bounce back cannot be ruled out. Avoid fresh buying for short term as this correction may last for 4 - 6 weeks.
Monday, October 26, 2009
After volatile movement in the range 5034 to 4961, Nifty today (26-10-09) closed at 4971, the Agni level for the day with a loss of 26 points. Today also Nifty did not move below centre of Anthara Gandharam at 4960. Tomorrow's Agni level is at 4920 and Nifty is unlikely to move to that level.
Sunday, October 25, 2009
On Friday (23-10-09) though Nifty opened in the expected level of 5050, due to the 4% fall in Reliance Industries shares, market closed weak at 4997 with a gain of just 8 points (or flat at R19A8). During the week passed by, in all days Nifty closed in Anthara Gandharam ie. below 5123 in 20x scale. As next Full Moon is on Monday the 2nd November 2009, it would be better to exit all longs on coming Friday itself. Tomorrow's Agni level is at 4971 which is below the last day's Nifty closing. During the coming week Nifty is expected to stay mostly in Anthara Gandharam and hence no fresh buying is advisable.
Saturday, October 24, 2009
Yanthras were originated in ancient India. It is painted in the roofs/walls of temples. It is believed that Yanthras hold many secrets and it is having occult powers. Fifty years ago we had nothing to compare with it. Now it can be compared with computer motherboards. May be that ancient Rishis who created it are more advanced than us. In "Mahabharat" epic there are two things which has no parallel till now. One is "Sudarshana Chakra" of Sree Krishna and the second is "Divya Chakshus" given to Sanjaya, the servent of King Dhritharastra (father of Kauravas). Sudarsana Chakra is having the power to destroy any target and return to the owner, namely Sree Krishna. The whole Mahabharat war was seen&heard by Sanjaya far away from the battle field and described it to King Dhritharastra. Before the invention of TV we were not having any comparable thing to Divya Chakshus. Now, mobile phone with video camera and network connection is very close to it. Ten or twenty years from now on we may also have an instrument resembling Divya Chakshus ( Special eye).
Ganesh Yanthra and Gann Vibration table are given above. Eight petals around a circle and the inside triangle is sufficient to get the figures seen in Gann vibration table ( 1/8, 2/8, 3/8, 4/8, 5/8, 6/8, 7/8, 8/8 & 1/3, 2/3, 3/3). Many other things are in the yanthra which we will know only after so many years.
Thursday, October 22, 2009
Today(22-10-09)also Nifty continued it's downward journey and almost reached the centre of Anthara Gandharam at 4960 (Nifty low was 4970), bounced back to 5006(15.25) and closed at 4989 with a loss of 75 points on averaging. During the last three days(Monday was a holiday)Nifty closed in red and hence tomorrow is an Exceptional Friday. Further, despite the loss of 75 points in Nifty, Soma-Surya levels remains the same as of yesterday. The above two aspects gives the indication that Nifty may bounce back tomorrow and close with gains near to yesterday close level ie. 5050. So, it is a buy when Nifty moves above tomorrow's Agni level at 5036. Stop loss is 4960.
Wednesday, October 21, 2009
Today(21-10-09)after 14.15 Nifty slipped to 5052 and closed at 5064 with a loss of 50 points. Tomorrow's Agni level reduced to 5127, a level Nifty can achieve. If tomorrow also Nifty closes with loss, then 23rd is an exceptional Friday(a day with gains). Thus, on both counts ie. either Nifty moves above 5127 or Nifty closes with a loss, at the closing longs can be held, provided Nifty does not close below 4960.
Tuesday, October 20, 2009
Nifty high today (20-10-09) was 5182 which is lesser than Agni level(5209) for the day. Nifty closing was at 5114 (ie. 20x)in Anthara Gandharam. Tomorrow's Agni level is at 5174 and tomorrow also Nifty may not reach that level. Upward move towards 5286 will continue once Nifty manages to cross the Agni level.
Monday, October 19, 2009
Since Nifty has moved to Sudha Madhyamam band width (Low: 5123, Centre: 5286, Upper:5464) in 15.5x scale and reached a high of 5177 on Muhurat trading, Nifty may move to centre of the band ie. 5286. As tomorrow's Agni level is at 5209 Nifty may not move above that level tomorrow. So, Nifty may move to 5286 during this week and start declining as indicated by the position of Nifty below Agni level.
Friday, October 16, 2009
Contrary to the expectation, after opening with a loss of 16 points, Nifty today(16-10-09) moved up and closed the day at 5142 in Sudha Madhyamam band width (for details refer chart posted on 28 September 2009)with a gain of 33 points. Though Nifty could close above the yesterday close,it could not touch yesterday high. Further, tomorrow's Agni level is at 5194 and hence Nifty close is below the Agni level. So expect downward move in next trading day. Monday is a holiday on account of Bhau Bhij, a local festival.
Thursday, October 15, 2009
Today(15-10-09)also at the time of closing (15.25)Nifty was at upper Shadjam on 10x scale ie. 5120. On averaging Nifty closed at 5109, at upper Shadjam itself. Tomorrow's Agni level has increased to 5108, the level Nifty closed today. Hence expecting a down ward bias tomorrow.
Wednesday, October 14, 2009
As expected in last post, today (14-10-09) Nifty not only touched upper Shadjam in 10x scale ie. 5120, but also held that level till closing ie. 15.30. On averaging, closing figure is at 5118, which is just 2 points below. Only with a closing at the exact level the music is perfect, and nature cannot be imperfect! Now, let us wait and see Nifty's next move before commenting any thing. Tomorrow's Agni level is at 5056 and in coming days make sure that no longs are held when Nifty slides below Agni level.
Monday, October 12, 2009
Today Nifty didn't slide below Agni level(4950). At 13.17 Nifty was at 4965 the lowest for the day, from where fantastic 100 points rally started. At 15.03 Nifty touched the high of 5068, just above the Soma level at 5063 and closed at 5054 with a gain of 109 points. On Wednesday ( Tomorrow is a holiday for NSE/BSE due to Assembly Election at Mumbai) or Thursday Nifty may again move to upper Shadjam (5120)as the level of 5111 touched on 1st October,2009 was marginally lower than the centre of upper Shadjam.
Today'Special: At the opening itself, Nifty future high shown was 5040, where as MiniNifty high and Nifty high were 4959 and 4976 respectively. It raised a suspicion that whether Nifty is intending to move up to 5040 today. By 2.00 p.m it became a certainty and Nifty moved past it to touch 5068. Therefore, in the chart above the figures shown today is of MiniNifty future only. Any viewer who knows the reason for such instances may please comment upon it.
Sunday, October 11, 2009
1:1 Bonus announcement by Reliance Industries and better than expected results of Infosys Technologies could not lift Nifty on Friday; may be due to the fact that it was a normal Friday. Nifty closing on Friday at 4945 is just below Agni level at 4950. There is no change in the view expressed on 7th October,2009
Thursday, October 8, 2009
Wednesday, October 7, 2009
Today(7-10-09) Nifty opened at 5077 with a gain of 50 points. But, soon it started to decline and till 12.00 noon the low was 5043. Afternoon session saw further decline up to 4973 before closing at 4986 with a loss of 41 points. As can be seen, Nifty high was 5077, just below Agni level at 5083. Today's low was near centre of Anthara Gandharam at 4960. Though Nifty bounced back yesterday, that strength was lacking today. Tomorrow Nifty may move above Agni level at 5017. But, since yesterday's strength is lacking today and there is a doubt whether Nifty touched upper Shadjam at 5111 on 1st October, 2009 (see the chart) buy is not advisable. Nifty may perhaps move up again to touch 5120, let it be, stay away from any fresh buying.
Tuesday, October 6, 2009
In the yesterday's post it was pointed out that the full moon effect was a reduced 80 points loss only. Today(6-10-09)in tune with Dow and Asian markets, Nifty opened at 5034 with a gain of 31 points. But, it slid down fast to 4949 (a loss of 54 points) by 10.40 and to 4921 (a loss of 82 points)by 12.30. As no other reason can be attributed to the fall, it is assumed that the fall was in continuation of yesterday's full moon effect, since Monday's fall was not enough. After that, Nifty started to move up and it touched the opening high (5035) before closing at 5027 with a gain of 24 points. Nifty futures range was 5047 - 4918 having a difference of 129 points, which was very much higher than the last one month's differences. Tomorrow's Agni level is at 5083 and Nifty may touch it tomorrow.
Monday, October 5, 2009
Today(5-10-09) Nifty opened at 5011 with a loss of 72 points and after moving in the range 5050 - 4992 closed at 5003 with a loss of 80 points. As pointed out earlier, the high - low difference in Nifty futures was less than 92 points for the last one month. Today's range was 5054 - 4995 having a difference of 59 points only. Hence, the effect of full moon was a reduced 80 points loss only. Tomorrow's Agni level is at 5087 and Nifty is unlikely to cross that level.
Sunday, October 4, 2009
Thursday(1-10-09) Nifty opened high at 5111, hovered around 5080 through out the day and closed flat at 5083. Nifty futures high was 5090 only. On 1st and 2nd October 2009, when Indian market was closed, world markets witnessed a correction to the tune of 2 to 3 percent. In the last post it was mentioned that the full moon is on Sunday, the 4th October and trend reversal can be expected on nearby dates. Its effect on Indian market can be witnessed on Monday. As Agni level is at 5077, Nifty will be definitely below the Agni level and it is a sell signal. As Surya level is at 4855, Nifty may slide down to 4850 levels if Asian Markets opens weak on tomorrow morning also.