Today(30-11-10)Nifty opened at 5777 with a loss of 53 points, declined further to 5768 (-62 points) before 12.00, surged to 5892(+62 points)and closed at 5863 with a gain of 33 points. Nifty futures range was 5777 - 5915. Tomorrow's Agni level is at 5753.
No change in the view expressed in Sunday post. Nifty may move to centre of P(5952), but avoid fresh buys for long term.
4 comments:
Amazing sir really :)
hats off to you.
warm regards
Sir
Generally Nifty if Closes above Agni level we can carry Longs and vice-versa...But today we have reached the Surya level and closed almost near to it Does such a closing anything ?? Like Extreme Bullishness or Any sense from it as Nifty made a High of 6280+ level on Pre-opening session a couple of Days back ...........
Dear Sujatha,
Nandi's master Lord Nataraj is to be praised. Nandi deserves nothing.
Dear Kalyani,
If you are a day trader in Nifty please follow "AGNI BREAKS OPEN PREMIUM" - by clicking on it you will get full details. Today from the opening itself all four factors were positive and a BUY. For positional trade what you have understood is correct. "Soma - Surya - Agni" levels changes daily and figures given is valid for that day only. Cannot make any comment regarding 6243 seen in pre-auction on 29-11-10 till Nifty closes above 6154.
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