Sunday, March 28, 2010

Nifty closes at the centre of Sudha Madhyamam


Friday also followed the recent pattern of closing near the opening level. On Friday(26-3-10)Nifty closed at 5282 with a gain of 22 points at the centre of Sudha Madhyamam(5286). This closing level we have seen last on 6-01-2010(5281.80) after 28-2-08 (5285.10). We have seen Nifty pausing at the important levels ie. 4759 (5-2-10), 4859 (23-2-10) and 5123(15-3-10) and move up higher. So,next week may give an indication whether Nifty will move up further to 5464 or return to 5123. Tomorrow's Agni level is same as that of Friday ie. 5251.

Note: Usually MFs will try to jack up prices at the end of quarters to improve their NAVs. As Nifty is at crucial level now they may turn to non-index stocks.

7 comments:

Unknown said...

Sir can you pls give any clue more chance is for down move or upmove

Unknown said...

What happened to the astrological conjunction due to which the markets were to go down according to your earlier predition?

Please have the magnonimity to face the comments. I dob't understand your act of deleting my ealier comment.

naresh said...

dear c chalapathi roy
plz mind your language before posting an comment and you dare tell anything against our respected nandi sir.no one forces u to visit the blog or follow the opinion of nandi sir. its your sole discreation

NivasM said...

Dear Chalapathi Roy

First try to respect Elders...Mr.Nandi is Elderly person who has been in the market and studying it with his astro and predicting the levels of nifty ...He just gave his opinion and to put his opinion into action u need to study once again and re-assess whether his trading pattern is suitable to u or not...Because remeber onething "MARKETS ARE ALWAYS SUPREME" we can only predict but they can be manipulated so use your knowledge too before you throw stones on others predictions.... People who give their opinion has never forced you to trade ........So trade according to your comfort .. We have been following Mr.Nandi sinc quite long time and we are happy with his pattern of trading .......To follow or no is your sole discretion

Please Excuse Nandi sir as i have used your blog But i cant withstand if anyone blames you

Thanks

Nandi said...

Dear Shri Naresh and Shri Nivas,
Ignore the comments of Mr.C C Roy. There is a saying in Malayalam "ക്ഷീരമുള്ളോരകിടിന്‍ ചുവട്ടിലും ചോര തന്നെ കൊതുകിനു കൌതുകം” (ksheeramullorakittin chuvattilum chora thanne kothukinu kouthukam)
meaning "even under the udder where plenty of milk, mosquitoes taste blood only".
Don't loose your calmness and peace of mind by trying to reply him. His comments where deleted earlier when it was felt that it will disturb the readers and pave way for hatred. If he uses same type of words again that option is still there.

Unknown said...
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