Today (18-5-2009) was an unique day for the Indian market. Due to the upward circuit break, trading halted at 9.55 & 11.55. Nifty last halted at 4323 (2.00 p.m)with a gain of 651 points or 17.74%. Even though Nandi had seen downward circuit halts two or three times during the last 5 years he has not seen any upward circuit break like this. Today trading was done just for a few seconds. Volume was very very thin when compared to daily average of around 50,000 crores. Hence Nandi is not giving Soma, Surya levels as it is irrelevant. Tomorrow also we may see a surge similar to it, but with a lesser magnitude.
As said during March/April, 2009, Nifty has not only moved to Shadjam (3968) it has crossed it and moved to Sudha Rishabham(Low:4100; Centre:4232; High:4348)in the Malayalam month of Edavam (the Taurus the Bull). On first trading day of Edavam a gain of 79 points, second trading day of Edavan, a gain of 636 points. Third day's gain we will see tomorrow. New visitors may go through the posts dated 2009 March 10th and March 26th captioned "A reminder" and "Nifty in Sudha Daivatham" respectively. Thus two bulls (Sruti - Rishabham & Layam - Edavam) joined together today to create history in Indian market.Now we have moved to the scale shown in the left side of this page.
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