Wednesday, September 2, 2009

Nifty may start to move up again.

Today (2-9-09), though Nifty opened with a loss of 48 points, that was covered within 10 minutes and thereafter moved in the range + or - 25 points from the yesterday closing (4650-4603)and finally closed with a loss of 17 points at 4608, near the low of Gandharam. As Nifty stays in Gandharam itself even after three days fall and Agni level has reduced from 4795 to 4633 very near to the Nifty closing to day it seems that Nifty may now move up again. So, it is again a buy when Nifty moves above 4633.

3 comments:

riteshanan said...

respected nandi,
due to time constraint was unable to send my greetings for ONAM to you. Being a devout follower of your blog i guess it was a mistake. sorry for the delay and "happy onam". may load shiva bless you with all the fortune and wealth.Thanks for yourr continued guidance
regards
RIAN

Nandi said...

Dear Ritesh,
There is no mistake on your part. Just remembrance will do. Communicating it is not required.
Please correct the mistake "load" in future. It is Lord Shiva. (No need to post a regret comment)

Unknown said...

If nifty closes above the AGNI level means position has to be carried for tomorrow because of FULLMOON DAY position can be closed at the end whatever may be the level. please give guidance and it will be helpful in future.