Please see the sideways movement Nifty had during January 2010 when it hit the recent high of 5310. After staying in the centre of Sudha Madhyamam for 12 days Nifty started to decline. Now we are in the next lower level ie. Anthara Gandharam for the last 5 days.
4 comments:
Sir pls state weather the AGNI level is exit for shorts or to book profits for longs this will help on better understanding, I understand though no method is full proof but will be an indication only.
with regards
govindaraj
Dear Govindraj,
Nifty below Agni level is an EXIT signal from longs. Book profits and exit longs. Just like fire(Agni); what ever fire engulfs we drop it. That will minimise your losses. Consider this as a warning system only.
Dear Sir,
Trading range on 16Apr07 was 3920-4016. You took BASE as Shadjam=3969. Please explain.
Thanks & Regards,
Dear George,
Trading range on 16th April 2007 was 3920.50 - 4016.80, average comes to 3968.65 which rounded off is 3969.
Nandi got that number by the grace of Bhagvan Shiva only and that is the axiom of music theory.
Note:In traditional logic, an axiom or postulate is a proposition that is not proved or demonstrated but considered to be either self-evident, or subject to necessary decision. Therefore, its truth is taken for granted, and serves as a starting point for deducing and inferring other (theory dependent) truths.
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