Monday, January 18, 2010

Nifty closes near centre of Sudha Madhyamam


Nifty today(18-1-10)closed at 5275 with a gain of 23 points. Today's Nifty range and futures range were 5229 - 5293 and 5232 - 5290 respectively. Nifty moved above centre of Sudha Madhyamam but, closing was below that level. As U.S. markets are closed Monday for Martin Luther King Jr. day, gap up or gap down opening is not expected on Tuesday. Tomorrow's Agni level is at 5272.

Comparative figures of Nifty January 2008 and January 2010 are given below for perusal. {Netted difference of 4th and 10th January 2008 to be taken.} Will history be repeated ? Let us wait and see.

2 comments:

rkwadher said...

i am amazed at your reading based on sangeetam.
though i understand little on this subject but your figures tally wiht my charts based on Neelys elliot.
my email is rkwadher@yahoo.co.in.

can i get your email address.
iam from mumbai and Nse broker.

Nandi said...

Dear Mr. Wadher,
Mail sent to your address. Actually you need not be an expert in music to understand what is written in vipani sangeetham, since the author himself is not an expert. Please visit again.