Budget day is over. 4830-4885 range broken upwards and Nifty moved up to 4992. Considering the normal effect of Exceptional Fridays, it is unimpressive. The closing at 4922 after 70 points retreat, below the centre of Anthara Gandharam (4960)indicates lack of strength. As Agni level is at 4891 a small upmove cannot be ruled out, provided the world market cues supports it. But, the week starting with 15th March may see Nifty coming down as Moon conjuncts with Jupiter, Mercury and Venus on 15th, 16th and 17th March respectively.
Trading holiday on 1st March 2010 (Monday) on account of Holi - the festival of colors. Wish you all a Very Very Happy Holi Day.
5 comments:
Sir,
What is the exceptional Friday ( as F&O closing takes place on Thursday and the next day is always Friday only) Is there any combination of star,thithi etc is involved
What is the effect of the Friday if it happens in
Krishnapaksha
Suklapaksha
Thanks
Bala
respected nandi sir
wish u and your family a very happy holi
from
naresh k chugani
Dear Naresh, thanks. Wish same to you.
Dear Sundari Bala,
As explained many times earlier, there are two chances for an Exceptional Friday. First one is what you have mentioned ie. Friday that comes after the F&O settlement. And the second one is the Friday that comes after three/four days negative close in Nifty. It has nothing to do with any planet or planetary positions. So far not verified whether it has any link to the Krishna or Sukla Pakshas.
sir,
You told that nifty may come down from 15th march. But there is so many trading days before that. Pls tell the trend during that period
Dear Mr. Tenson,
Most probably it may be a side ways movement in the range 4800-5000.
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