Thursday, December 3, 2009

Nifty in Sudha Madhyamam, but below Agni level


Nifty today (3-12-09) moved to the area where it moved on 20th October, 2009 and again touched 5181 and declined to the level it was yesterday at the time of closing(5122). On averaging, Nifty closed at 5132 with a gain of just 9 points. However, that makes it to the level Sudha Madhyamam ( above 5123). But tomorrow's Agni level is at 5171 which is above the Nifty closing today which indicates that down move is around the corner. Avoid fresh buying when Nifty is below the Agni level.

2 comments:

sriganeshh said...

sir,

would like to know more details like behaviour analysis of nifty vis a vis music notes...? just wondering whether nifty intraday or monthly behaviour can be matched with arogana and avorogana ?

for example...if we divide 12 months by total letters which is 16, the result comes to .75 which means roughly every 20 days, the nifty behaviour pattern changes...if we fine tune further with moon concept, more interesting things can be found...

sri

Nandi said...

Dear Sriganesh,
Now it is data collection stage only. As this is a new approach, required data is not readily available and hence it is to be collected for a minimum period of three years. Then only analysis part comes in. During the last one year it is observed that nifty halts exactly in the important places eg: 4960, 5120 etc. But, for timing the movement, time data including planetary movements is to be considered. Music has Sruthi and Laya (or thala) and hence both aspects is to be taken into. So far it is observed that the movement slows or Nifty swings around Ni,Sa,Ri before taking next up or down direction. More observation is required to confirm the connection of nifty movements with music's arohana and avarohana.
However, out of last 12 months, in 8 full moon days nifty had a fall. Thanks once again for your suggestions/guidance