Nifty closes below Agni level - 192 points loss

From 5th August, 2009 onwards Nandi was expressing concern over the Nifty positioning and cautioned visitors of the impending crash. That is why "Nifty above Agni level - Even then don't buy" was advised - the massive gap down opening was expected in the last week itself, where exit will be impossible without loss as of today. Today (17-8-09) Nifty opened with a loss of 90 points at 4490 and the loss increased steadily till 15.20, touched low of 4374 and thereafter closed the day at 4388 with a loss of 192 points. Nifty futures low touched the Surya level at 4357. Tomorrow's Agni level is at 4521 and don't make any buy when ever Nifty is below the Agni level.