Monday, September 7, 2015
Nifty moves down to lower scale 15½ x
The Tharanga Nisari School of Music is founded by Dr. K.J. Yesudas, the singing legend, in 1975 at Thiruvananthapuram. Nandi did wonder why he selected "Nisari", the mid points of two scales. After closely observing the movements of Nifty during the last several years Nandi found that only the singing legend who knows the intricacies of music can give such a name. It is seen that Nifty do not make a sudden stop at "Sa" and ordinarily move to next swara "Ri" or "Ni" ie. Ni Sa Ri or Ri Sa Ni. In it's up move Nifty moved past S(Shadjam) and entered R(Rishabham) ie. closing at 7936(Shadjam) on 27-Aug-14, Nifty further advanced to 8200 - 9223 range(Nifty high was 9119 on 4-Mar-15). Similarly, Nifty has now entered the N(Nishadam) range (6921 - 7146 - 7293 - 7440 - 7688). It's felt that Nifty may terminate the present down movement some where in this area.