Sunday, February 13, 2011

Exceptional Friday effect - Nifty closes above Agni level

On Friday(11-2-11)Nifty opened at 5248 with a gain of 22 points, moved down to 5178 (Agni level: 5188), surged to 5319 (141 points up move - more than expected Exceptional Friday Effect) and closed at 5310 with a gain of 84 points. Last two days, though closed in red, Nifty was giving positive signals and today Nifty closed above Agni level. Tomorrow if Nifty moves above 5378 it may move towards 5464 in coming days. Tomorrow's Agni level is at 5181

Today(Sunday)the Sun transited to Aquarius and Grahanila for tomorrow(14th Feb) is given below. Jupiter in Pisces, Moon in Gemini, Saturn in Virgo, Venus in Sagiturus and Mercury & Mars in Capricornus. Next eventful day is 18th February - full moon and mercury transits to Aquarius - may be a down day.


Sujatha said...

thanks for your astro views. Always mingling with TA is good result.

Looks like nifty has done it's resistance for this week??


Nandi said...
This comment has been removed by the author.
Nandi said...

Dear Sujatha,
Your comments was posted at 1.36 p.m. and by closing time Nifty has reached 5464 mentioned in the post. Could not grab the question in the second sentence.Plz clarify.
BTW, under musical approach there is no support or resistance. It is just a natural flow of Nifty like music. It reaches some stages and pauses a little and moves on to next swara, that's all.
Vipani Sangeetham is definitely not TA blog, since it does not follow any of the proven TA methods. However, it cannot be ruled out that in future this will not be recognised as a TA tool.
But, it has to go a long way.
With regards,