Thursday, February 4, 2010

Nifty closes below Agni level in Gandharam


Today(4-2-10) Nifty opened at 4910 with a loss of 22 points due to weak global cues. As Nifty could not move above 4912(11.38)it gradually declined to 4892(13.50). As European markets also moved to red, Nifty started to decline fast and touched 4832(15.08)before closing at 4845 with a loss of 87 points. Nifty closing today is below the Agni level for the day at 4875 and also tomorrow's Agni level at 4871, in Gandharam range(High: 4859, Centre: 4759, Low: 4611). Hence, Nifty may decline further to centre/low of Gandharam in coming days. Tomorrow is 5th February the day Mercury transits to Makaram (Capricornus)- referred in postings from 17-1-10 and comments in AVTAR post.

11 comments:

Rishi said...

I am sorry but wasn't able to deduce much from your earlier posts about Feb 5th. Can you elaborate a little more? Do you intend to say that tomorrow should be the last day of the decline or from tomorrow onwards we will start declining faster?

rkwadher said...

We are heading towards 4270 levels very soon.

Nandi said...

Dear Sri Rishiji,
Thanks for visiting. As stated in the AVTAR posting comments, the planetary positions of 2008 and now is almost similar. On 5th February a missing one also comes in ie. Mercury's transit to Makaram (Capricornus). So, was cautioning from Solar Eclipse day onwards. Today is not the end of the fall. It may continue for a few months like 2008 and Nifty may go down again to 4232. Further down also possible.
But, do not depend 100% on it, use your TA also.

Nandi said...

Hi Rajendra sir,
First targets tally. Let it come, then down to targets in 7.75x scale.

BALA said...

Sir,
Mercury enters the cap.. completed. markets world wide bleeding. To day nifty kiss200 sma and rebound ? or March 6 like last year. Your views . If plan.. positions are properly interpreted with out any bias it will give wonderful results. It depends upon the person
Bala

sriganeshh said...

bala sir,

Mercury enters capricorn (makaram) only after market hours. say during the night so effective date to monitor is tommorrow Feb 06, 2010.
it is still in dhanur at 29.07 deg.
sri

vijay said...

sir will there be any chance to see 4900-5000 in this(FEB)series.please i need your valuable suggestion/help

Raji said...

Sir,
After i saw your blog...yesterday...I searched this post "On 22-1-08 when largest fall in the History of Indian market occured, Venus and Saturn was in retrograde and Mercury in Makaram. On 20-1-08 there was a full moon and mars conjunction. Now, Venus and Saturn in retrograde and on 30-1-10 there was a full moon and mars conjunction. On 5th February Mercury will transit to Makaram. Thus almost similar positions as of January,2008. Hence, expect almost similar reactions from Nifty after 5th February."
Then i today took short only...and got profit..
Thanks a lot , for your timely ALERT for us...to avoid loss .

Thanks again sir.

Unknown said...

Dear Nandi,
Thanks for your valuable postings regarding the market using planetary moves.....Can u post an elaborate view on nifty so that we can take a position on long side or short side in order to profit more in our trade as i have waited for 4960 level before any up move as stated in your previous post i remained long at 4875 level(still not covered)in Nifty

Also can you please guide us How to effectively use the soma Agni Soorya levels at the EOD.........

Finally can you please share your yahoomail I.D or gmail so that we can be in touch during market hours for effective trade session..

Thanks N Regards Pray God shiva for ur longer life and for such nice posts a head......

Nandi said...

Dear Vijay & Nivas,
Day before yesterday ie. 4th Feb Agni level was 4875 and Nifty below Agni level was an exit signal. You both ignored that and held your long positions. On that day, near closing when Nifty moved below Agni level, Nandi shorted Nifty futures at 4850 after allowing 8 points grace to Agni level(4875 - 8 = 4867) and breaching low of Anthara Gandharam (4859). Agni level is given for that purpose and to know whether Nifty is in up trend or down trend for the time being. Soma and Surya levels are just indicative day low and high levels.
There is possibility that Nifty may go up to top of Gandharam ie. 4859 and again continue its downward journey.
As Nandi is trading at a dealer's terminal and no access to net, interaction in trading hours is not at all possible.

Nandi said...

The following links given at top left under the head "Nearby Light Houses" is helpful in trading hours.

http://tradeinniftyonly.blogspot.com
http://niftyforum.com/niftyintraday.php