Monday, August 23, 2010

Nifty closes exactly at Agni level (5544)


Today(23-8-10)Nifty opened at 5542 with a gain of 11 points, moved in the very narrow range 5519 - 5550 and closed exactly at the Agni level ie. 5544 with a gain of 13 points. Nifty futures range was 5515 - 5543, having a difference of 28 points only. As tomorrow is a full moon day and F&O settlement is just two days away, high volatility can be expected. Tomorrow's Agni level is at 5592.

4 comments:

rochak parekh said...

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http://stock2gains.blogspot.com/2010/08/is-it-so-easy-making-money-by-following.html

http://stock2gains.blogspot.com/2010/08/take-care-while-u-follow.html

i hope, these articles help u some way or other, in trading or making decisions to follow somebody's recommendations.

Sandy said...

Nandi thanks for your input and I would test it for the large volume stocks only and have already made an excel sheet for it. Please tell me how to calculate exit levels. sandyorg123@gmail.com

Nandi said...

@Sandy,
It was told many times earlier that there is no formula to work out Agni (Entry/Exit)level. It is derived from Kamolikav indicator. Agni, once consumed an item it vanishes. Similarly Agni level won't be any where in the Kamolikav indicator work sheet.

Sandy said...

OK NANDI