Thursday, September 10, 2009
Nifty closes flat at Gandharam (R18A13)
Today (10-9-09) Nifty's direction was down as expected, but not exactly. Based on global cues Nifty opened at 4889 with a gain of 75 points, near Agni level(4884), which was not anticipated at all. There after it moved downwards to 4821(13.15), moved up to 4860(14.40), again came down to 4804(15.30)and closed at 4819 on averaging. If we take the position at 15.30 it was 4804 only, a loss of 10 points. That's why the comment "down as expected, but not exactly". Tomorrow's Agni level is at 4917 and Nifty is unlikely to touch it. Expect the continuation of the down move tomorrow also.
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6 comments:
Dear NANDI SIR,
Thanks for updatimg AGNI LVL
for 11.09.2009.
Sir as your previos post you noting about calculation method of Kamolikav i think it was 5 days avarage OHLC step by step last 5 days avarge close above or below lvl ,and some modify by ABHAY sir by it self & posted on VFM too.
Sir, so as per that method can we make it in excel sheet? will you help us for same ?
Ones again thanks
for your sefless work as you are takig too much pain for all of us.
- ABHISHEK.
Dear Abhishek,
1st col : Date (A)
2nd col : Nifty closing value (B)
3rd col :=SUM(B57:B61)/5 (C)
4th col :=SUM(B61-C61) (D)
5th col :=SUM(D57:D61)/5 (E)
6th col :=SUM(D61-E61) (F)
From the above you can create an Excell sheet and find out the figure in col (F). Agni level is the value in col.(B)which gives col.(F)= Zero.
If you are having the sheet circulated by Abhayji, you require only the first part of it.
Appreciate your keen interest in the matter. As it was found very useful, Nandi incorporated it here even though it has nothing to do with music. Best of luck
Dear NANDI SIR,
Thanks fordetails of method ,i have Kamolikav excel sheet file with modify by ABHAY Sir,i tried to update from 3.8.09 to till date,if you will provide me your mail ID will you send for your opinion also.
Awaitnig your kind revert.
Thanks .
- Abhishek.
Dear Abhishek,
There is no Agni level or break even concept in Kamolikav worksheet. Nandi named break-even figure as Agni level. If you get zero in 6th col while putting Agni level in 2nd col your work is OK. Otherwise check with the details given in last comment and correct it. Please note that row number of B to E columns in your worksheet will be different.
If you still not able to get, then inform.
Dear Abhishek,
Now it has been noted that the Excell sheet was sent to you on 29th March 2009 in your email address aabhi06@gmail.com before Kamolikav cautioned.
Dear NANDI Sir,
I received your work sheet on my mail but cant find out Agni lvl.
In your worksheet
1)chart4
2)Nifty07_08 3)Niftyvalues 4)Musicescale1.
Requesting you plz guide me where to find out Agni lvl in your worksheet.
I sent you mail plz guide me regarding the same.
Thanks a lot.
-Abhishek.
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