As market conditions worldwide improved overnight(fear on Greece issue reduced)on 9th April,2010(Friday) Nifty opened at 5332 with a gain of 28 points, moved up to 5377 and closed at 5362 with a gain of 58 points. Interestingly, though Friday's Nifty close is not the recent highest(5375), Nifty PE Ratio is highest at 23.21 due to the replacement of Grassim by Kotak Bank w.e.f 7th April,2010. For the last one month Nifty was trading in Sudha Madhyamam range (Low: 5123, Centre: 5286, High: 5464) in yearly scale and R20 to R21A1 in daily scale. It seems that the said side wise movement may terminate during this week or next and Nifty may move upwards. It is to be seen whether Nifty moves to Prati Madhyamam range (Low: 5464, Cenre: 5642, High: 5797). Tomorrow's Agni level is at 5375.
15 comments:
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Who is lazerview, who showed dare to criticise Nandi sir. he is one of the best analyst i have seen ever. Even including last friday his predictions were correct. So if you are not interested, nobody invited you to visit this blog. Anyway, pls dont repeat this type of blody comments.
Tenson
Mr. Lazerviw,
Read what is posted exactly. Where it is written Greece problem is solved? Where it is written Nifty will touch 5797 now? Just range of PM written for the information of viewers, as many requested for it earlier.Read what is written for the last few days highlighting the PE Ratio of Nifty and the range 5400 - 5464.
Clearly you are not a genuine trader. What matured persons are doing is accept what ever good things others give and ignore if you don't feel it is good. Why insult others ?
തേങ്ങാക്കുലയും പിണ്ണാക്കും ഒരു വര്ഷത്തിനു ശേഷം ആദ്യമായി കാണുകയാണിവിടെ. ഒരു കള്ളപ്പേരിന്റെ മറവില് നിന്നും ശകാരം ചൊരിയാന് ഒരു മലയാളി തന്നെ വന്നതില് അത്ഭുതമില്ല. ഇത്തരം കുറേയെണ്ണം മലയാളത്തില് തന്നെ ദിവസവും വായിക്കേണ്ട ഗതികേടും ഉണ്ടാവാറുണ്ടു.
Mr.Nandi,
"Today(10-2-10) also Nifty didn't move to the top of Gandharam(4859) as anticipated. It moved up to 4827 at the opening and up to 4821 at 13.22 and declined, despite good opening by European markets. Nifty futures high was 4824 at 13.22. After slipping to 4748 at the time of closing, Nifty closed at 4757 with a loss of 36 points, at the centre of Gandharam, where it was on 6th and 8th February 2010. As tomorrow's Agni level is at 4741, any move below that will generate a sell signal and Nifty may move down to centre of Chatusruti Rishabham (4464)without much delay. "
The above matter in inverted comas are your own words which you stated on 10/2/2010. That day when market was at the final preparation for sharp upmove , you stated about Chatusruti Rishabham (4464) and tried to make a panic in readers mind. In the same way now you telling upto 5797 and trying to making a huge bullish thoughts in readers mind.
Pls do rethink facts. Before May 15 nifty will see huge correction. I mean blood bath. It can start anytime. its open challenge.
I AM ASKING APOLOGY FOR USING THREE MALAYALAM WORDS IN PREVIOUS COMMENT.
Gopikrishnan
Trivandrum
http://bhoom2tika.blogspot.com/
http://www.marketbhavishya.com/stock.htm
Hello Mr.Gopikrishnan,
Please mind your words while posting in public blogs/forum.
He is not running a paid service and cheating. If you don't like his views don't follow or try to do "criticism" with good proof with charts in YOUR OWN BLOG. ofcourse post your blog address... we will follow... lolz.
Quote : Musical pinnakku... can you do this musical pinnakku??? or can you give any other blogger name who is posting levels based on MUSICAL...
Hope you will not visit again :) this "musical pinnakku" Vipani Sangeetham.. Thanks in advance.
PS : Everybody knows that anything may happen in the stock market.. it's probability of game..ofcourse "changes only unchangeable"
Mr./Mrs. Sujatha,
Crash in market between april 12 and may 15 is not a possibility. Its 1000000 percent confirmed. wait and watch until may 15, what is going to happen
Hello Mr.Gopikrishnan,
You have mentioned a period of nearly 1 month for markets to correct And it may happen so that market may first touch 5600-5700 kind of levels and there up correct as u said who knows See the charts and these Graphs all these can be manipulated dude how a chart is created just by few big players so as to trap people like u and make a falls idea on market internals ....Also markets do ordinary things in an extraordinary manner which very few people expect Mr.nandi has been Guiding us with his analysis since few years i have been following him since few months For your kind information In Feb markets could have gone till 4400 levels but the sudden flows FII stoppped it Even a Big T.A like Prakash Gaba said markets will correct till 4464 but it was halted by FII so keep remember one other thing when we start seeing a sell from FII this time DII's will buy and put up markets till June end as many MF's need to plug their money in that month so higher NAV is their Target in these three months so dont dream a big fall and Mind u a thing No Blood bath happens this time a sharp fall with many halts Because Investor is aware these days no one want to get trapped....
Hello Mr.Nivas,
Save these words, ' Before moving 150 point upside nifty will fall 400 point down '. Let"s see
One more thing mr.nivas, dont worry about DII"s NAV. Because market will show huge bounce back after crash. Pls note: bounce back will be speedier than crash.
Mr. Gopikrishnan,
Experienced traders will have their own views on market and they will follow the sites that suits them best. Frequent visitors to vipanisangeetham knows what to expect from here. Unless they are benefited they won't come back again. Number of daily visitors will testify whether they are benefited or not. Every earnest visitor to this site watches Agni level and they know what to do to save their positions irrespective of whether Nifty goes up or down.
Definitely they will be visiting some other sites also before taking a view on the market. Drop your foolish belief that they don't know anything. Good luck to you.
Mr.Nandi,
Before May15 we can see my belief was foolish or not.
Mr. Gopikrishnan,
Here also you go astray. What is written is "Drop your foolish belief that they don't know anything." It doesn't matter whether market goes up or down, what really matters is how one reacts to it.
Mr. Nandi,
I took it correctly. My belief is, those who believing market will not fall are fools. It should prove before may 15
The great thing about market prediction is that everyone can rightly make prediction through some method he knows.But the catch is one can never say, how much degree of success it will have.
I read Vipani's blog, and find it good, though it may not be correct many times, but making fun of a person based on his prediction is wrong.
But from my analysis also,I agree with Lazerview's point that Market is headed for nasty correction ahead in May/June.
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