Friday, August 31, 2012

Nifty in Blue Moon month August 2012

Today(31-8-12) Blue Moon effect was more prominent and Nifty lost 57 points. Exceptional Friday effect(50 to 100 points up move - even intraday also) was missing. So, down move may continue.

Thursday, August 30, 2012

Friday, 31st August 2012 - Blue Moon day

Most years have twelve full moons that occur once in a month, but some have extra, making it 13 instead of 12. That years will have two full moons in one calendar month, the second referred as Blue Moon. The rarity of it contributed the common saying "once in a blue moon." A Blue Moon occurs on this Friday, Aug 31, for the next you'll have to wait till July 31, 2015. The last Blue Moon was on 31st December 2009.
Tomorrow is also the last trading day of the month and an exceptional Friday (being the next Friday after F&O settlement). The second full moon was missed in August Grahanila post as one full was seen on 2nd August. So, need not say that the combined effect of exceptional Friday with a Blue Moon is totally unpredictable. As DOW is down more than 100 points now, definitely the start will be with a gap down.

Tuesday, August 14, 2012

Sare Jahan Se Acha Hindustan Hamara

Wish you all a Happy Independence Day - Sare Jahan Se Acha Hindustan Hamara

Nifty closes at 21x ie. 21 x 256 = 5376

Today(14-8-12) Nifty opened at 5343 with a loss of 5 points, moved in the range 5330 - 5356 up to 12:00, moved up to 5387 thereafter and closed at 5380 ( @ 21x ie. 21 x 256 = 5376) with a gain of 32 points. Nifty closed @21x last on 15th March 2012. Nifty futures range was 5356 - 5417, having a difference of 61 points. Premium was very high between 20 to 30 points through out the day. Though European and US markets were in red yesterday on the eve of Moon-Venus conjunction, its effect was not transmitted to Nifty as expected in Grahanila post, may be due to DOW's recovery from -90 to - 39. Thursday's Agni level is at 5368.

Note: due to time constraints, it may not be possible to post daily updates after Independence Day. Regret the inconvenience.

Monday, August 13, 2012

Nifty closes @ 5348-highest close for last 4 months

Today(13-8-12) Nifty opened at 5316 with a loss of 4 points, moved in the range 5309 - 5330 till last hour of trading, surged thereafter to 5352 and closed at 5348 with a gain of 28 points. The closing at 5348 is the highest close after 3rd April, 2012 (5359). Tomorrow's Agni level is at 5363.

Sunday, August 12, 2012

Nifty closes flat @ 5320

Friday(10-8-12) Nifty opened at 5305 with a loss of 18 points, moved in the range 5294 - 5330 and closed flat at 5320 with a loss of 3 points. Nifty futures range was 5320 - 5360, having a difference of 40 points. Soma & Surya levels for the last three days were same which never happened before. That means market is waiting for direction. As Moon - Venus conjunction is due on Monday evening Nifty may move down on that day or next day. Agni level for Monday is at 5379.

Thursday, August 9, 2012

Nifty closes below Agni level

Today(9-8-12)Nifty opened at 5348 with a gain of 10 points, moved between 5312 - 5368 and closed at 5323, below Agni level(5347) with a loss of 15 points. Nifty futures range was 5332 - 5384, having a difference of 48 points. Tomorrow's Agni level is at 5383.

Wednesday, August 8, 2012

Nifty closes flat

Today(8-8-12)Nifty opened at 5340 with gain of 3 points and closed flat at 5338. Nifty and Nifty futures ranges were 5331 - 5378 and 5346 - 5394, having a difference of 48 points. Tomorrow's Agni level is at 5347.

Tuesday, August 7, 2012

Nifty closes @ 5337

Today(7-8-12)Nifty opened at 5298 with a gain of 15 points, moved down to 5282, moved up steadily to 5350 and closed at 5337 with a gain of 54 points. Nifty futures range was 5295 - 5367, having a difference of 72 points. Tomorrow's Agni level is at 5310.

Monday, August 6, 2012

Nifty closes at cenre of M1(5286)

Today(6-8-12) Nifty opened at 5261 with a gain of 45 points, moved up to 5293 and closed at 5283, at centre of M1(5286) with a gain of 67 points. Nifty futures range was 5278 - 5310, having a difference of 32 points. Tomorrow's Agni level is at 5287.

Sunday, August 5, 2012

Nifty reverses and closes above 5200

Friday(3-8-12) Nifty opened at 5196 with a loss of 32 points, moved down to 5165, moved up to 5220 and closed at 5216 with a loss of 12 points. Nifty futures open & low was at 5100 which is a freak trade. Mini Nifty futures(used in the table) range was 5177 - 5247, having a difference of 70 points. Tomorrow's Agni level is at 5289 and Nifty may move towards that figure.
A study regarding the relation of Agni level with Nifty was done using the table given below and the intra-day movements of Nifty to answer a query in comments column. Out of 29 days where the difference between Agni level and Nifty was more than 120 points Nifty reversed in 11 days only. So, the answer given is quoted below for the benefits of all.
"If the difference between Agni level and Nifty is more than 120 points, chances for taking a reverse position exits provided a)that level is achieved before 12:00 noon b) Nifty reverses more than 20 points. On 27th,30th July and on 3rd August chances were there."

Thursday, August 2, 2012

Full Moon Day - Nifty in red

Today(2-8-12) a Full Moon day, Nifty remained in red and closed in red at 5228 with a loss of 13 points. Nifty and Nifty futures ranges were 5210 - 5237 and 5222 - 5252, having a difference of 30 points. In many occasions Full Moon / New Moon act as a trend breaker and Nifty may continue its down ward movement. Interestingly, tomorrow Saturn transits to Libra and the last time it happened was on 15-11-2011, the day on which Nifty lost 80 points. Further, Nifty closed in red from 9th to 21st November 2011 and during that period Nifty lost 450 points. Remain in short till Agni level gives a buy and tomorrow's Agni level is at 5313.
Yesterday's(1-8-2012) table given below for reference purpose.

Wednesday, August 1, 2012

Grahanila(planetary positions) as on 1st August 2012

As on 1st August 2012 the Sun & Mercury in Cancer, Mars & Saturn in Virgo, Rahu in Scorpio, Moon in Capricornus, Jupiter and Ketu in Taurus and Venus in Gemini.
Probable down dates in August 2012 as per above are 2nd(Full Moon), 14th(Venus) and 22nd(Mars & Saturn).