Today(7-7-10) Nifty opened at 5297 with a gain of 8 points, soon moved down to 5246 - 5272 range, after 14.00 declined to 5233 and closed at 5241 with a loss of 48 points. Nifty futures range was 5236 - 5288. Though Nifty closed in red it didn't dip below the Agni level for the day (5231). All new visitors may please remember to exit longs(in Nifty futures) when Nifty moves below the Agni level. As per GANN table tomorrow is a red day. But, since Nifty remains above Agni level it should move up. So, for tomorrow AGNI BREAKS OPEN PREMIUM is the only guide. Tomorrow's Agni level is at 5236.
Updated Nifty figures & GANN table given below
3 comments:
good morning friends
presented before u a Sai baba bhajan, since its a SAI VAAR , today
please visit
http://stock2gains.blogspot.com/2010/07/trade-updates-sai-baba-bhajan.html
Thanks
regards
Can you please comment on gann turn dates?
Dear Vineet,
Cells in Gann's tables can be compared to the petals of a flower. Centre cell is the starting point and that layer is having only one unit. Next layer is having eight cells that are adjacent to the centre. Start from the left of the centre and move clockwise and when that layer is completed move left again and circle the centre - serial numbers are given for easiness. The dates coming at the intervals of 45 degrees at each circle are referred as turn dates (yellow cells). The centre date must be a very important date to start with ie. with a powerful up or down move.
For more detailed explanations search the web.
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