Grahanila(planetary positions) on 1st May 2011

Sun in Aries; Moon,Mars,Mercury,Jupiter&Venus in Pisces(near 0°) and Saturn in Virgo (near 180°). Thus seven planets in a straight line that may prolong the natural calamities, uprisings and disturbances world over, for a few weeks more.
Below table is Nifty's 4 day moving averages(High, Low, Close) and its indications along with Agni level indications. As per Agni level for tomorrow, go long only if Nifty moves above 5766.

Nifty closes at low of P

Today(28-4-11)Nifty opened at 5856 with a gain of 22 points, gradually moved down to 5777 and closed at 5785(low of P)with a loss of 49 points. Nifty futures range was 5861 -> 5776, having a difference of 85 points. Volatility was totally missing today, even though it was a settlement day for F&O April series. On both counts tomorrow is an exceptional Friday and expect 50 to 100 points up move. Tomorrow's Agni level is at 5838.

High volatility expected

Today(27-4-11)Nifty opened at 5892 with a gain of 24 points, moved down to 5820 and closed at 5834 with a loss of 34 points. Nifty futures range was 5820 - 5905. As F&O settlement of April series is due for tomorrow high volatility is expected. Tomorrow's Agni level is at 5907.

Nifty closes flat - but below Agni level

Today(26-4-11)Nifty opened at 5877 with a gain of 2 points, swiftly moved down to 5792, for 2 hours stayed within 20 points range, moved up to 5893 and closed flat at 5868, below today's Agni level(5876). Today's Nifty futures low(5393) was a freak figure and hence given Mini Nifty futures figures in the above table ie. 5793-5908. However, there is an interesting factor - last two digits are same. Tomorrow's Agni level is at 5933 and Nifty may move towards centre of P(5952). Avoid longs when Nifty is below Agni level.

Nifty closing very close to tomorrow's Agni level

Today(25-4-11)Nifty opened at 5857 with a loss of 28 points, moved in the range 5865 - 5907 and closed at 5875 with a loss of 10 points. Nifty futures range was 5876 - 5925. Tomorrow's Agni level is at 5876 which is very close to today's Nifty closing. So if Nifty does not move above Agni level, exit longs and go short.

Nifty closes at 23x (ie. 23 x 256 = 5888) again

On Thursday(21-4-11)Nifty opened at 5894 with a gain of 42 points, moved in the range 5864 - 5913 and closed at 5885 (ie. 23x) with a gain of 33 points. Nifty futures range was 5880 - 5932, having a difference of 52 points. Nifty may move towards centre of P(5952)and move down to negative territory. Agni level for tomorrow is at 5793.

Easter day special : Divide the number of visitors with Nifty gains on 20th April ( seen at right side) - the answer is the date on which the blog started.

Nifty closes @ 5852 with a gain of 111 points

Today(20-4-11)Nifty opened at 5803 with a gain of 62 points, declined to 5760(13:00), steadily moved up to 5857 and closed at 5852 with gain of 111 points. Nifty futures range was 5767 - 5875, having a difference of 108 points. Tomorrow's Agni level is at 5746.

Niftyfutures' down move terminates above 5700

Today(19-4-11)Nifty opened at 5714 with a loss of 13 points and closed at 5741 with a gain of 14 points. In between Nifty moved from 5693 to 5763. Nifty futures range was 5703 - 5782. Tomorrow's Agni level is at 5763 and go long when Nifty moves above that.

Full Moon day - Nifty down 96 points

Today(18-4-11)Nifty opened at 5810 with a loss of 15 points, moved up steadily to 5898 (10:30), moved down swiftly to 5769 (11:40), moved further down to 5722 and closed at 5729 with a loss of 96 points. Verily, today being a full moon day, the decline is quite normal. It is to be seen whether this is the beginning of a major decline. Nifty futures range today was 5727 - 5921, having a difference of 194 points. Tomorrow's Agni level is at 5768.

Nifty closes @ 5825, in P

Today(15-4-11) Nifty opened at 5907 with a loss of 5 points, moved down to 5806 and closed at 5825 with a loss of 87 points. Nifty futures range was 5924 -> 5821, having a difference of 103 points. As Nifty closing is below today's Agni level(5834) and above Monday's Agni level(5810), Asian market cues and results of Indian companies will decide further direction of market.

WISH YOU ALL A HAPPY VISHU & PROSPEROUS YEAR AHEAD

Malayalees world over celebrates Vishu today (15th April 2011). The day marks the transit of the Sun to Medam Rasi (Aries) and the beginning of new astrological year. During this period The Sun will be straight up in the sky over Kerala and yellow flower Kani konna (Cassia fistula) blooms. As yellow is associated with Lord Krishna, this day is very important to Krishna Temples in Kerala and especially at Guruvayur. Vishukkani is arranged in Krishna temples and Malayalee house holds as it is believed that the seeing of Vishukkani will bring in prosperity through out the year. Wish you all a Happy Vishu and Prosperous year ahead.
The Grahanila(planetary positions) as on 15th April, 2011 is given below:

The Sun in Aries, Mercury, Mars & Jupiter in Pisces, Venus in Aquarius, Saturn in Virgo and Moon in Leo. The names of seven days in a week are associated with these astro bodies.

Nifty gains 188 points

On 13-4-11 Nifty opened at 5736 with a loss of 50 points, steadily moved up to 5924 ( gain of 188 points from the start) and closed at 5912 with a gain of 126 points. Nifty futures range was 5751 - 5948, having a difference of 197 points. An up move of that strength was unexpected. As it is reported that the net buy of FIIs was just 25.60 crores on that date the reasons of such an up move is yet to be known. Tomorrow's Agni level is at 5834. Nifty may move to centre of P(5952) as it was not reached during the last up move.

Nifty closes in M2 ( below 5797)

On Monday(11-4-11)Nifty opened at 5805 with a loss of 37 points, moved in the range 5778 - 5830 and closed at 5786 with a loss of 56 points. Nifty futures range was 5797 - 5849, having a difference of 52 points. As Nifty has closed in M2 ie. below 5797 it may move to centre of M2(5642). Tomorrow's Agni level is at 5819.

Nifty may move to centre of M2(5642)

On Friday(8-4-11)Nifty opened at 5906 with a gain of 20 points, moved up to 5913,moved down to 5822 and closed at 5842 with a loss of 44 points. Nifty futures range was 5927 -> 5882, having a difference of 95 points. As Nifty has touched the centre of P(5952) on Wednesday (when it gone to 5944.45) and started to decline, Nifty may move to centre of M2(5642)if it enters M2 area(ie. below 5797). Tomorrow's Agni level is at 5892.

Note: 12th(Tuesday) and 14th(Thursday) April are trading holidays on account of Ram Navmi and Dr. Ambedkar Jayanti respectively.

Nifty closes flat again

Today(7-4-11)Nifty opened at 5890 with a loss of 2 points, moved in the range 5866 - 5906 and closed flat again at 5886. Nifty futures range was 5881 - 5932, having a difference of 51 points, indicating that future premium was swinging 11 points more than Nifty spot. Tomorrow's Agni level is at 5951.

Nifty closes at 23x (ie. 23 x 256 = 5888)

Today (6-4-11)Nifty opened at 5920 with a gain of 10 points, moved up to 5944, declined to 5869(10:50), thereafter moved in the narrow range 5893 - 5916 and closed at 5892 with a loss of 18 points. Nifty closing today is at 23x(ie. 23 x 256 = 5888). Nifty futures range was 5880 - 5971, having a difference of 91 points(same as yesterday). Tomorrow's Agni level is at 5952.

Nifty closes flat

Today(5-4-11)Nifty opened at 5928 with a gain of 20 points, moved down to 5856, moved up to 5919 and closed flat at 5910. Nifty futures range was 5872 - 5963, having a difference of 91 points. Tomorrow's Agni level is at 5962 and Nifty may move to centre of P(5952).

Nifty closes above 5900

Today(4-4-11)Nifty opened at 5868 with a gain of 42 points, moved down to 5833, moved up to 5919 and closed at 5908 with a gain of 82 points. Nifty futures range was 5850 - 5955, having a difference of 105 points. Nifty may move to centre of P(5952) tomorrow. Tomorrow's Agni level is at 5948.

Nifty closes flat on first day of April series

On Friday(1-4-11)Nifty opened at 5860 with a gain of 26 points, remained between 5810 - 5842 and closed at 5826 with a loss of 8 points. Nifty futures range was 5837 - 5885, having a difference of 48 points only. Yesterday's remarks "Though Nifty closed below Agni level for the day, closing is in P (Bottom: 5797, Centre: 5952 and Top:6154) which gives the indication that it may move to centre of P(5952)" is valid for Monday also. It may be advisable to stay away from market till the direction is clear. Monday's Agni level is at 5914.