Onam is an astronomical event that occures once in every year when the Moon transits to "Thiruvonam" star(280 - 293°)in Capricornus constellation while the Sun is in Leo(120 - 150°). As the angle difference between the Sun and the Moon is 160 - 180°, moonlight nights are assured during Onam season. During this day, it is believed that Mahabhali, the King of bye gone era visits Kerala to witness happiness and prosperity of his erstwhile kingdom. See the traditional Ona Sadya items served in a plantain leaf which reflects prosperity. Let happiness and prosperity be with you all through out this season.
7 comments:
Dear Nandiji,
Seasons Greetings!!!
How are you? Any further Imp. levels beyond 7936...As nifty is trading above S2.. and consistently below AGNI.
Thanking you & Best Regards
Atharva
Dear Atharva,
S2 range is up to 8200 and Nifty is now between 7936 - 8200. RSI is diminished from 94 to 85, still in overbought zone. So, expect a small down move around 8200. Waiting for the break of 7936 - 8200 range.
Dear Nandiji,
Thanks for reply. Do you mean a small correction till 8000 then up trend resumes till upper range of S2 around 8200.. Is there any levels betn 7936 - 8200
Thanking you once again
Best Regards
Atharva
Dear Atharva,
Market gave a high of 8182 on 1-9-14 and it reached 8180 yesterday. Downward figure given by market on today is 8020 and it will be achieved within a week. If down move continues further it may go to 7737. But, don't trade on assumtions. Trade on figures indicated in day trade manthra and positional trading.
There is no level between 7936 - 8200. Stages above 7936 can be worked out by just doubling the stages given earlier.
Dear Nandiji,
Thanking you for your reply, honestly I have not understood how to calculate stages above 7936 till 8200..
I am requesting how to derive the important levels above 7936.For e.g. we have below 7936 imp levels is 7818 then 7724. I would be oblige if you could let me know how to calculate beyond 7936..
Thanking you
Atharva
Dear Atharva,
Please go to the link "AGNI, 4DMA & EMA10" under "Nifty futures trading based on" where stages from 3968 to 6355 - 7936 is given. First figures are 3968 - 4100 - 4232- 4348 - 4464. Double of it workes out to 7936 - 8200 - 8464 - 8696 - 8928 etc. This is that much simple.
To all visitors,
Today's(16-10-14) low is 7729.65 and 7737 given on 9-9-14 achieved. That figure was given by market on 28th Aug(pre-open). 7664 also was given by market later on 9th Oct. Waiting to see whether that will also be achieved in this move itself.
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