Nifty today (6-1-10)closed flat at 5282, at the centre of Sudha Madhyamam (R20A10). High opening at 5311 and moving to negative territory thrice was the notable points today. Nothing to add further to yesterday remarks. Agni level for tomorrow is at 5304, which is below the Nifty close today.
4 comments:
Hi Vipani
I confused abt ur levels
plz help wat is the meaning of ur surya and agni etc levels
regards
Hi deemis,
Agni level is the turning level. If Nifty is above Agni level it is bullish, if not it is bearish. Surya-Soma levels can be considered as resistance and support levels. It is not said as such, since vipani sangeetham does not have resistance - support concepts. Nifty movement is like natural flow of music and it has many levels. That's all.
Nifty closed below the Agni level.
Closed below all yesterday;s level and day before's closing.
Would like to know the "Da" is valid now sir? as u mentioned before (i.e. the uptrend is coming to an end?)
Thanks and regards
Dear Sujatha,
You can also check whether "Da" still holds by looking in to the charts above. Today's Nifty closing is at 5263 and nearest figure is 5264 (maximum + or - 8 points)against which "DA" can be seen.
Hope we will get the answer to your last question tomorrow. Anticipated 2 non eventful days, hence mentioned within 3 days.
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