Saturday, September 5, 2009
Full moon & Exceptional Friday effect - 117 point gains
Last Friday (4-9-09) was, as pointed out on Thursday's post, not only a Full moon day but also an Exceptional Friday. This was the first time after the postings started in "vipanisangeetham" both of the above two coincided in one day and made net effect guessing. However, the presumptions arrived at on the basis of reasons mentioned therein proved right. On 4th September,2009 Nifty opened at 4618 with a gain of 24 points, declined to 4580 (12.15), surged up 117 points to touch the Soma level at 4697(14.25)and closed the day at 4680 with a gain of 86 points. Now, Nifty closing is in Gandharam band width and again selling will creep in while it attempts to reach the centre point of Gandharam at 4759. Till then, move with the trend with both eyes on Agni level.
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4 comments:
Thank u for your views..and also help us to trade cautiously...during full moon day,no moon day..and exceptional fridays...
Really amazing...your views..
Wovvv....
Great sir...
Thanks a lot again..
By,
Raji
Dear Raji,
Glad to know that at least you are benefited from the views expressed in vipanisangeetham. From the increase in the number of visitors it is felt that many more people may be benefiting, but sluggish to comment upon. As Nifty exactly stopped its up move on Friday at Soma level it is felt that market respects the levels only because Nandi had named the levels as part of "SomaSuryaAgni locahana". So praise "Vadakkumnathan" for that.
Thanks for giving opportunity to say this.
Nifty movement was as you had written on Thursday. I have been visiting this blog regularly and find it useful and very interesting. I would like to know more about the levels (SomaSuryaAgni), the significance of them and the bands Gandharam etc. This is a very innovative and interesting way of interpreting the market. Great work.
Thanks in advance.
smp
Dear Smp,
It has been explained many times earlier, last on 27th Aug. Please refer to the comments under the post dated 26th August 2009. You have to watch Agni level and if Nifty is above Agni it is "BUY" and if Nifty is below Agni "NO BUY" (for day traders "short"). Soma and Surya levels are indicative high(some call resistance) and low(some call support) respectively. Further Agni level can be considered as a intra support / resistance based on the position of Nifty. The names SomaSuryaAgni is derived from "SomaSuryaAgni lochana" meaning Shiva.
All the levels from Shadjam to Shadjam are given on the left side. Bandwidth starts from the middle of lower level and ends in the middle of higher level.
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