Saturday, March 31, 2012
On Friday(30-3-12)being the last trading day of the financial year 2011-12 and also an Exceptional Friday, Nifty opened at 5207 with a gain of 28 points, steadily moved up to 5307 (Kaprekar numbers 5238 and 5283 touched - last two days Nifty didn't touch any) and closed at 5296 with a gain of 117 points. Nifty futures range was 5239 - 5347, having a difference of 108 points. Agni level for Monday is at 5226.
As shown below Nifty remained in M1(bottom:5123 & Top:5464) through out the month of March 2012.
Thursday, March 29, 2012
Today(29-3-12)Nifty closed at 5179 with a loss of 16 points. Nifty and Nifty futures ranges were 5136 - 5194 and 5134 - 5187 respectively. Though volatile due to F&O settlement, Nifty futures high-low difference was just 53 points. Today there was a freak trade at Sgx Nifty in June series @ 4912, which may perhaps an indication that Nifty may slip to 4.9k levels in the months to come. Agni level for tomorrow is at 5149.
Wednesday, March 28, 2012
Today(28-3-12)Nifty again closed at 5195 with a loss of 48 points. Nifty and Nifty futures range were 5170 - 5237 and 5171 - 5247 respectively. Being F&O settlement day market will be highly volatile and the Agni level for tomorrow is at 5184.
For reference purpose yesterday's(27-3-12)table is given below
Monday, March 26, 2012
As anticipated in Grahanila post dated 1st March 2012, Nifty today(26-3-12) closed in red at 5184 with a loss of 94 points. Nifty and Nifty futures ranges were 5175 - 5275 and 5181 - 5280 respectively. Sunday's comments are valid through out this week. Agni level for tomorrow is at 5234.
Sunday, March 25, 2012
On Friday(23-3-12)Nifty closed at 5278, centre of M1 with a gain of 50 points. Nifty and Nifty futures ranges were 5220 - 5312 and 5231 - 5329 respectively. Nifty closing at centre of M1 was occurred recently on 20th March(5275), 5th March(5280) and on 27th February(5281) and has the potential of Nifty moving towards top of M1(5464) or down to bottom of M1(5123). Due to F&O settlement, Nifty may be highly volatile during the week and volatility will be strengthened by Moon-Jupiter-Venus conjunction. While giving Grahanila for March it was anticipated that 26th March may see down fall of 150 points. But, the fall of 137 points on New-Moon day (22nd March) and the positioning of Agni level at 5262 (below Nifty closing) makes it difficult to confirm. So, go short only if Nifty moves below Agni level(5262).
Thursday, March 22, 2012
Today(22-3-12) a New-Moon day (conjunction was in Pisces) Nifty closed at 5228 with a loss of 137 points. All the four Kaprekar numbers mentioned recently ie. 5382, 5328, 5283, 5238 were touched today which is a very rare event. Nifty and Nifty futures ranges were 5206 - 5386 and 5221 - 5410 respectively. Agni level for Friday is at 5222.
Wednesday, March 21, 2012
Tuesday, March 20, 2012
Today(20-3-12)Nifty closed at 5275 with a gain of 18 points. Nifty and Nifty futures ranges were 5233 - 5297 and 5251 - 5327 respectively. Nifty futures low of 5251 was the freak low on 15th March 2012 in April series. As Agni level for tomorrow is at 5226, go long if Nifty remains above Agni level.
Monday, March 19, 2012
Sunday, March 18, 2012
On Friday(16-3-12 / Budget day 2012) after highly volatile movements Nifty closed in red at 5318 with a loss of 63 points. Nifty and Nifty futures ranges were 5305 - 5446 and 5331 - 5482 respectively. Nifty touched another Kaprekar number 5328 and expect Nifty to touch lower Kaprekar numbers 5283 and 5238 in this month. Agni level for Monday is at 5440.
Thursday, March 15, 2012
Today(15-3-12)Nifty closed at 5381, near Kaprekar number 5382, with a loss of 83 points. Nifty and Nifty futures ranges were 5362 - 5463 and 5397 - 5508 respectively. Credit policy was a non-event since RBI unchanged Repo rate and CRR. One notable incident was the low of 5251.55 seen in Mini Nifty April series. Incidentally Mini Nifty low (March series) shown yesterday was 5000 at the opening. Wonder, how such transactions are being taking place. Tomorrow, being Budget day Nifty will be highly volatile and Agni level is at 5497. If Nifty moves down, another Kaprekar number 5328 may be touched.
Wednesday, March 14, 2012
Today(14-3-12) Nifty closed exactly at 5464 ie. boarder of M1 & M2 with a gain of 34 points. Nifty and Nifty futures ranges were 5438 - 5499 and 5472 - 5542 respectively.
Tomorrow being RBI credit policy review day and day after tomorrow Budget day, Nifty may be highly volatile. If Nifty goes up it may move to centre of M2(5642) and if otherwise it may move to centre of M1(5286). So caution is required. As Agni level for tomorrow is at 5505 go short if Nifty does not move above it.
Tuesday, March 13, 2012
Monday, March 12, 2012
Sunday, March 11, 2012
On Friday(9-3-12)Nifty closed at 5334 with a gain of 114 points. Nifty and Nifty futures ranges were 5292 - 5342 and 5312 - 5374 respectively. As Nifty closed above Agni level and centre of M1(5286) it may move upwards to top of M1(5464). Agni level for Monday is at 5211.
Thursday, March 8, 2012
On Wednesday(7-3-12) Nifty closed flat @ 5220 after moving in the range 5171 - 5244 and passing through our Kaprekar number 5238. Nifty futures range was 5201 - 5279, having a difference of 78 points. Nifty may move upwards due to positive effect of Venus - Jupiter conjunction. Tomorrow's Agni level is at 5200.
Tuesday, March 6, 2012
Volatility was highest today (6-3-12) and Nifty closed at 5222 with a loss of 58 points. Nifty and Nifty futures range were 5206 - 5382(172 points) and 5232 - 5428(196 points - highest during this year) respectively. Though stage was same as yesterday, to day Nifty moved through the entire space of the stage ( please compare yesterday's and today's tables) according to results of 5 state assemblies. As Full Moon with Mars conjunction is due on Thursday (holiday for Indian Markets on account of Holi) and Nifty is below Agni level, Nifty may move to bottom of M1(5123). Agni level for tomorrow is at 5260.
Monday, March 5, 2012
Today(5-3-12)Nifty closed at 5280, at centre of M1(5286), with a loss of 79 points. Nifty and Nifty futures ranges were 5266 - 5345 and 5295 - 5377 respectively. On 27th February, 2012 Nifty low and Nifty futures low were 5268 and 5326 respectively ie. premium reduced to 29 points from 58 points. Tomorrow's Agni level is at 5310.
Sunday, March 4, 2012
On Friday (2-3-12)Nifty closed at 5359.35 and on Saturday (3-3-12) at 5359.40. The special session for one and half hours on Saturday was conducted to test the disaster management facility at NSE. Nifty and Nifty futures range on Friday was 5315 - 5393 and 5351 - 5438 respectively. Agni level for Monday is at 5355.
Thursday, March 1, 2012
Sun in Aquarius, Mercury in Pisces, Jupiter & Venus in Aries, Moon & Ketu in Taurus, Mars in Leo, Saturn in Libra and Rahu in Scorpio. It would be advantageous for positional traders to exit all stocks when Jupiter enters Aries(0 - 30°)or Leo(120 - 150°) or Sagittarius(240 - 270°) and re-enter when Jupiter leaves that signs.
Market down days for March are 8th and 26th. On 26th Nifty may loose more than 150 points( on 27th Feb 2012, positions were similar and Nifty lost 148 points).