Sunday, August 15, 2010

Nifty closes near top of M1, above Agni level


On Friday(13-8-10)Nifty opened at 5438 with a gain of 22 points, moved in the range 5438 - 5477 and closed at 5452 with a gain of 36 points. Nifty closing is above the Agni level for the day and near the top of M1(5464). Nifty futures range was 5420 - 5479. Tomorrow's Agni level is at 5421.

From August 10th(Amavasi day) to 13th DOW closed in red with -54.50, -265.00, -58.80, -16.80 points respectively. Corresponding figures of Nifty were -25, -40, -4 and +36. Decline in DOW was as expected, but Nifty's decline was less than anticipated. Friday's +36 positive closing may be due to Exceptional Friday effect even though it was not expected due to the conjunctions of 4 planets on that day. Except Sun's transit to Leo on 17th no other important astro aspects during this week. So go as per Agni level indications.

1 comment:

Nandi said...

Comment moderation failed:
sir,

i am new to your blog. please tell me how to follow

Day Trading Manthra :
AGNI BREAKS OPEN PREMIUM

thanks with regards
sanjay

Dear Sanjay,
Read the post dated 13th June 2010
for full details.