Tomorrow is the festival of Onam, a remembrance celebration of bygone golden days that were in this land - God's own country, when King Mahabhali ruled, and a wish (may be an everlasting wish)it will come during the next year. Wish you all a very very Happy Onam.
Today(1-9-09) as expected, Nifty bounced back and covered entire losses of yesterday when it touched 4736 (+74 points) at 12.50. But it did not move above the Agni level at 4743. Then came one of the sell off which Nandi was talking about recently which pushed Nifty down to 4600 (loss of 136 points within 100 minutes)and closing of Nifty at 4625 with a loss of 37 points. Remember "No longs or new purchases when Nifty is below the Agni level". Tomorrow's Agni level is at 4685. Also note that the next full moon is on 4th September and the fall will gain momentum near full moon days.
2 comments:
Hi..Balanandan,
Wish you a very happy Onam.
May all your cherished dreams come true..
Best regards.
ilango
Dear Thiru Ilango,
Glad to see your comments. BIG thanks for your greetings.
Regards
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