On last Friday (30-10-09)exceptional Friday effect made Nifty open at 4854 with a gain of 103 points. But, Nifty closed at 4712 with a loss of 39 points. In an earlier occasion when Nifty closed negative in an Exceptional Friday that was compensated on next trading day. So, if that repeats now Tuesday must close in positive. Including Friday, Nifty is continuously down for the last five days which has not happened since the mega fall in January 2007. Since DOW was down 250 points(2.57 %) on Friday night, next direction of Nifty will be based on global cues on Tuesday morning as 2nd November,2009(Monday,a full-moon day)is a holiday for Indian stock markets on account of Guru Nanak Jayanthi.
NOTE: As market fall is associated on most of the full moon days(last week with Moon-Jupiter conjunction)from today onwards Soma is linked to Low & Surya to High.
5 comments:
Balanandanji
I am always fascinated with your combination of music,mantras, octaves & stock market. Can you please tell me how to calculate Agni level for ech day?
Satish
Dear Sathish,
Actually there is no formula to calculate Agni level so that it can be given. The value is derived from the last five days Nifty closing positions in the Kamolikav Indicator worksheet by entering arbitrary values for the next day closing so that C5B is just above zero.
dear nandi,
your updates always come in useful while trading......thgh nifty may makes it own move tommorow.......but the reliance story is crooking up...
CAG team ready for RIL audit >>>>>>>>> http://business.rediff.com/report/2009/nov/02/cag-team-ready-for-ril-audit.htm
is it possible to use musical/astro anlysis for specific stocks too.
regards
RIAN
Thank you so much for your swift response Balanandanji.
Sathish
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