Thursday, May 6, 2010

Nifty closes in Anthara Gandharam


Today's(6-5-10)Nifty movements was similar to yesterday. It opened at 5099 with a loss of 26 points, declined to 5038(12.35), recovered up to 5116(14.30)and closed at 5091 with a loss of 34 points. But, today's Nifty closing at 5091 is in Anthara Gandharam (High:5123 Centre:4960 Low:4859) and hence Nifty may further decline to 4960 - 4859 in due course. The judgment on RIL - RNRL issue is likely to be delivered at 10.30 tomorrow and as RIL is having heavy weight age on Nifty, volatility will be very high. Tomorrow's Agni level is at 5063.

10 comments:

Raji said...

Sir,
Exceptional friday effect will be possible or not tomorow?

Pls suggest me.
Regards,
Raji

Nandi said...

Dear Raji,
Don't expect Exceptional Friday effect and a positive closing today. Now (8.00 am) Singapore Nifty is more than 100 points down and Nifty will follow suit.

Raji said...

Dear
Sir,
Thanks.
I also watched it and avoid long and got profit in short.

Thanks again sir.
By,
Raji

rochak parekh said...

HELP REQUIRED

i hav been luking for a medium most preferably only a website
1. provides an alert THRU SMS for a desired scrip crossing above/below any desired/input levels
2. alert for volume spike in a desired scrip ( with or/& without a raider of above or below a certain level ) thru sms, if not then on mail
please help if u could go thru ur sources to help me out
thanks
regards
P.S. -reply towards my query be treated as help provided to no. of other silent readers of this forum

Nandi said...

Those who know the website which meets the requirements of Shri Rochak may kindly help him.

losetti rama krishna said...

sir nandiji we are very hurt with
decission of amolji. please do continue his srevice sir please

losetti rama krishna said...

sir nandiji any choice for nifty 6200 this year .

Nandi said...

Dear Rama Krishna,
It is really a tough task to predict the Nifty position after seven and half months. But, from the year 2003 onwards it is observed that Nifty touches Shadjam during April - May in every odd years. If that holds good, Nifty will be at 7936 around April/May 2011. So, Nifty at 6200 in December 2010 cannot be ruled out.
As TAs are better equipped to answer this question ask this to some good TA.

Nandi said...

Dear Rama Krishna,
It is really a tough task to predict the Nifty position after seven and half months. But, from the year 2003 onwards it is observed that Nifty touches Shadjam during April - May in every odd years. If that holds good, Nifty will be at 7936 around April/May 2011. So, Nifty at 6200 in December 2010 cannot be ruled out.
As TAs are better equipped to answer this question ask this to some good TA.

losetti rama krishna said...

thankyou very much sir