Friday, March 29, 2013
On the last day of the financial year 2012-13 (28-3-13) Nifty closed at 5683 with a gain of 41 points. Incidentally, 5680 is the next figure above 5642 in the table dated 1-1-13. Nifty and Nifty futures ranges were 5605 - 5693 and 5604 - 5685 respectively. Agni level for Monday(1-4-2013) is at 5623. This up move may terminate in the range 5760 - 5824.
Tuesday, March 26, 2013
On 28th February, 2013 it was written "As Nifty has already closed at 5888(6th figure in the chart dated 1-1-13)on 15-2-13, 5797(8th figure)on 27-2-13 it has to close at 5642(10th figure)." Today(26-3-13) Nifty closed at centre of M2(5642), as required. Today's Nifty and Nifty futures ranges were 5612 - 5655 and 5620 - 5659 respectively. As tomorrow is a holiday on account of Holi and 29th on account of Good Friday, there will be only one trading day left during this financial year ie. on 28th. Due to the reason that coming Thursday is the last day of the financial year 2012-13 and F&O settlement day it will be a highly volatile trading day.
Saturday, March 23, 2013
On Friday(22-3-13), after touching centre of M2(5642), Nifty closed at 5651 with a loss of 7 points, above the Agni level at 5622. From the table above, it can be seen that after 8th March 2013 Nifty closed below Agni level for the last 9 days and Nifty lost almost 300 points during this period. Friday's Nifty and Nifty futures ranges were 5632 - 5691 and 5642 - 5708 respectively. Yesterday was also an Exceptional Friday(condition No.2 ie. Nifty closed in red from Monday to Thursday) and there was an Exceptional Friday effect of an up move of 50 points from 5641 to 5691. Agni level for Monday is at 5568.
Nifty movements during March, mapped in music scales are given below for reference.
Tuesday, March 19, 2013
Today(19-3-13) RBI in its mid-quarter policy review, slashed REPO rate by 25 bps(from 7.75% to 7.50%), in line with market expectations. Just when market started to move up Dravida Munnetra Kazhagam (DMK) chief M Karunanidhi spooked the stock market by anouncing DMK's pull out from UPA resulting in Nifty collapse of more than 100 points. Though Nifty recovered 50 points from the day's low of 5724, it could not sustain that level and closed at 5746 with a loss of 89 points. Nifty futures range was 5869 -> 5737, having a difference of 132 points. As Nifty has declined to M2 it may move to centre of M2(5642) in coming week. Agni level for tomorrow is at 5789.
Saturday, March 16, 2013
Saturday, March 9, 2013
On Friday(8-3-13) Nifty closed at 5946 ie. at centre of P(5952). Nifty and Nifty futures ranges were 5883 - 5953 and 5901 - 5982 respectively. Nifty may start its down move probably on Monday evening or Tuesday morning.
See the Agni level movements for the last two weeks
Friday, March 1, 2013
As on 1st March, 2013 Sun, Mercury, Venus & Mars in Aquarius, Ketu in Aries, Jupiter in Taurus, Moon in Virgo and Saturn & Rahu in Libra. Planetary transits in March 2013 are 4th Mars -> Pisces, 15th Sun -> Pisces and 17th Venus -> Pisces.
The planetary positions given are at the time of sunrise in India(Kerala) and conjunction effects on markets may be seen on the countries (Asia or Europe or US) over which conjunction take places. It may effect Nifty on that day if the difference is less than 5 degrees and next day otherwise. As per above Nifty may move downwards on 11th, 12th & 27th and upwards on 18th.