Saturday, January 14, 2012

Nifty closes at top of G1 with 35 points gain


On Friday(13-1-12)Nifty opened at 4852 with a gain of 21 points, moved in the range 4834 - 4868 up to 12:30, moved thereafter up to 4899, swiftly moved down to 4838 and closed at 4866, top of G1 with a gain of 35 points. Nifty futures range was 4844 - 4918, having a difference of 74 points. Expected negative closing in Nifty due to planetary conjunction didn't materialise, though there was a swift down move of 61 points and European & American markets closed in red. Next week Nifty may move to Surya level (4960) or Soma level (4700) on the basis of reports. Tomorrow's Agni level is at 4918.

4 comments:

BALA said...

Happy Pongal.

Last time when Mars retrograde , what was happened to markets and political scenario as important state elections are there in this period

Nandi said...

Dear Bala,
Last Mars retrograde was from 21/12/09 to 9/3/10. Don't know whether Mars retrograde alone can be linked to any particular movement. At that time a solar eclipse also took place on 15-1-10 and Nifty moved down from 5285(6-1-10) to 4737(8-2-10).

deepak said...

sir just happen to visit yr site coz lord shiva wanted ....amazing .... speechless ..m shiva bhakta..n also small musician n just started trading n learning nifty n bank nifty futures n commdits futures trading .....may i have yr mail id as want to share many thngs with u n also yr guidance in trading nifty ...NAMAH SHIVAYA

Nandi said...

Dear Deepak,
If you studied carnatic music then it will be very useful. Nandi has not studied it and has limitations. However, it seems that Nifty movements is having close relations with it.
You can share your thoughts here itself so that many traders may benefited out of it. But one thing, every opinion should be based on facts and figures and all statements should be "speaking by itself" ie. supported by facts.
Best wishes