Wednesday, February 18, 2009
Nifty closing above Agni level
As expected, Nifty opened in red at 2737 (low of Prati Madhyamam band widh is 2732)and moved upwards very fast (that was not anticipated) and by 10.15 reached 2795. After that it started to move downwards (2758) till 11.37 a.m. and again moved upwards. Nifty touched the high of 2806 before coming down and closing at 2776. The Agni level for tomorrow is 2769 only and Nifty closing is above that. So some upward movement can be expected. But remember to exit all longs when Nifty touches Agni level again as Nandi feels that Nifty low 1984 (Shadjam) expected may be in between March 15 to May 15, 2009.
Subscribe to:
Post Comments (Atom)
4 comments:
hi nandi
cld u pls clarify what do u mean by low of 1984. is it the down target u r expecting.
Thanks for the feed back. Post edited to remove the wrong impression that it is year 1984. It is Nifty point and not the year.
hi nandi sir,
i always note down ur nifty levels and following that.Today i have also exited from my longs at your agni level...but nifty move up to 2789..from agni level..
pls tell me, tomorow will be an exceptional friday or not...i was holding my shorts...for tomorrow...shall i exit from my shorts tomorrow or wait till expiry..
By,
Raji.
Dear Raji,
Agni level for the day was 2769 and Nifty didn't move below 2768. Nandi had already told to wait till 8-10 points are crossed before taking any action. Please remember it to avoid whipsaws in future. Both the conditions for exceptional Fridays are not satisfying for tomorrow (20th)and hence it is not an exceptional Friday. As per today's figures a slight up move can be expected tomorrow.
Post a Comment