On Friday(25-6-10)Nifty opened at 5293 with a loss of 28 points, declined further to 5274(10.00), an up move of 41 points to 5315(13.20), a decline of 55 points to 5260 (15.15)and a close at 5269 with a loss of 52 points. Exceptional Friday and Full moon effect took place as expected, but 41 points up move instead of 50 (Nifty futures up move was 58 points). However, Nifty futures range was 5273 - 5334, a difference of 61 points only against the anticipated 80 points. Only Monday will confirm whether the Full Moon effect was partial and second part is pending. Most of traders and media attribute the reason of the decline after 1.30 p.m. to petroleum price hike. It can be so also, as Full Moon is only on 26th June. Tomorrow's Agni level is at 5309 and a further decline in Nifty anticipated. As tomorrow's Soma level is at 5145 Nifty may move to the low of Sudha Madhyamam (5123)during this week.
3 comments:
respected Nandi,
your continued guidance act like a light house please continue with your special comments on future course of nifty for the week and days which was missing last month...we highly appreciate your views. you are a Maradona for players like us.
regards
Ritesh
thanks nandi ji, for sparing all your time to attribute a comment on my write up. i highly appreciate and agree that god;s grace is the foremost of above for getting success in any field of our life.
Thats why i try and keep SAINATH always with my every post.
one request sir
please call me rochak only without a "ji".
thanks
regards
Dear Riteshanan,
Only comparable things can be compared. Maradona is incomparable to anybody.
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