WISH U A HAPPY & PROSPEROUS NEW YEAR

Nifty closes in red on the last trading day of 2011

Hopes of an up move failed and Nifty closed in red on the last trading day of the year 2011. On Friday(30-12-11)Nifty opened at 4660 with a gain of 14 points, moved in the narrow range 4664 - 4690 up to 13:30, moved down there after to 4609 and closed at 4624 with a loss of 22 points. Nifty futures range was 4614 - 4709, having a difference of 95 points. Nifty closed in red on the last trading day of the year 2008 also.

Last F& O settlement day of the year 2011

Today(29-12-11)Nifty opened at 4675 with a loss of 31 points, moved in the range 4666 - 4702 up to 14:30, moved down to 4639 there after and closed at 4646 with a loss of 60 points. Nifty futures range was 4639 - 4703, having a difference of 64 points only though today was F&O settlement day. Being an exceptional Friday and last trading day of the year, an up move is expected. But, usual 50 - 100 points may not be there. Tomorrow's Agni level is at 4721.

Nifty closes @ 4706

Today(28-12-11)Nifty opened at 4756 with a gain of 5 points, moved in the range 4686 - 4725 and closed at 4706 with a loss of 45 points. Nifty futures range was 4683 - 4757, having a difference of 74 points. Tomorrow being F&O December series settlement day, Nifty may be highly volatile. Agni level for tomorrow is at 4777.

Nifty closes below Agni level as expected

Today(27-12-11)Nifty opened at 4785 with a gain of 6 points, moved down to 4765, moved up to 4801, moved down again to 4724 and closed at 4751 (below Agni level 4815 as expected) with a loss of 28 points. Nifty futures range was 4725 - 4808, having a difference of 83 points. As Nifty closed below Agni level, trend is down. But, since mutual funds may try to improve their yearly performance by jacking up stock prices at the closing of the year, Nifty may witness an upward move. So, during next three days Nifty may be highly volatile. Agni level for tomorrow is 4821.

Nifty closes with 65 points gain

Today(26-12-11)Nifty opened at 4730 with a gain of 16 points, moved up steadily to 4778 by 10:20, moved in the range 4760 - 4787 and closed at 4779 with a gain of 65 points. Nifty futures range was 4720 -> 4804, having a difference of 84 points. Agni level for tomorrow is at 4815. Nifty may close below that level tomorrow.

Nifty closes @ 4714

Went to famous Sree Rama Temple at Thiruviluamala (Viluadrinatha temple) near Chelakkara, Thrissur in the week end. And hence no market comments due to shortage of time. Agni level for tomorrow is at 4692.

WISH U ALL A MERRY CHRISTMAS

Nifty closes @ 4733

Today(22-12-11)Nifty opened at 4670 with a loss of 23 points, moved in the range 4633 - 4677 up to 13:30, moved up fast to 4741 and closed at 4734 with a gain of 41 points. Nifty futures range was 4640 - 4758, having a difference of 118 points. Agni level for tomorrow is at 4618.

Nifty closes in G1

Today(21-12-11) on global cues Nifty opened at 4641 with a gain of 97 points, moved in the range 4602 - 4645 up to 14.30, moved up 97 points in the last one hour to touch 4707 and closed at 4693, in G1 with a gain of 149 points. This was just opposite to what was happened in last one hour yesterday. So, let us see what is in store for tomorrow. Nifty futures range was 4614 - 4725, having a difference of 111 points. Agni level for tomorrow is at 4541.

Nifty closes in R2 ie. below 4612

Today(21-12-11)Nifty closed at R17A12 (256 x 17 + 16 x 12 = 4544) in R2 (Bottom : 4348; Centre : 4464; Top: 4612) and full filled the sub 4612 in closing basis (refer earlier posts). From the planetary transit table posted on last Sunday it can be seen that there was Moon-Saturn conjunction today. As new Moon is on 24th and Moon's conjunction with Venus is only on 27th, there is a possibility of an up move in between. Today Nifty & Nifty futures ranges were 4531 - 4637 and 4538 - 4640 respectively and was highly volatile(details are in the table). Tomorrow's Agni level is at 4528. Go long if Nifty remains above it.

Nifty closes at bottom of G1(4612)

As posted on 11th December,2011 Nifty moved to sub 4612 levels during 17th to 24th Dec 2011. Today(19-12-11)Nifty opened at 4623 with a loss of 29 points, moved down to 4560, moved up to 4596, moved down again to 4556, moved up again to 4618 and closed at 4613, bottom of G1(4612) with a loss of 39 points. Nifty futures range was 4561 - 4633, having a difference of 72 points. Tomorrow's Agni level is at 4600.

RBI inaction evolves into Mars conjunction effect

Nandi was in a fix to select an appropriate heading for the post and finally selected
"RBI inaction evolves into Mars conjunction effect". Others were
(a). RBI inaction triggers sell off (b). Nifty close 4651 lowest in 2011 (c). Nifty closes at Soma level (4651) (d). Mars - Moon's conjunction effect (17th) advances one day etc.
The finally selected one is a combination of above two, because Nandi does not believe that RBI pause alone is a sufficient reason for sell off. From the planetary transits table below it can be seen that Sun transits from Scorpio to Sagitarius on 17th (16th-last day in Scorpio) and there is Moon-Mars conjunction on 17th. That's why in earlier posts 17th December was mentioned repeatedly. But the steep down move came on one day in advance ie. Friday the 16th December, 2011. Nifty movements mapped in to daily music scale (which is posted regularly) is given above. Nifty and Nifty futures range were 4628 - 4819 and 4625 - 4840 respectively. Nifty futures high and low difference of 215 points was third highest during the year, the first and second being 221 on 14th January 2011 and 9th August 2011(same 221 on both days).


From the above table it can be seen that Nifty average is 4723 and at the centre of G1. As Nifty close is at the Agni level for tomorrow (4650) no further comments. Avoid longs if Nifty moves below Agni level and shorts when Nifty moves above Agni level.

Nifty closes again at centre of G1(4759)

Today(15-12-11)Nifty opened at 4713 with a loss of 50 points, moved down to 4674 (ie. 15 points near to Agni level @4659, a buying opportunity), moved up to 4769, moved down to 4735 and closed at 4746, centre of G1(4759)with a loss of 17 points. Nifty futures range was 4671 - 4784, having a difference of 113 points. As RBI credit policy review is due & the Indian rupee sank to a record low for the fourth straight day Thursday, hitting 54.30 against the dollar, Indian market will be highly volatile tomorrow. Agni level is at 4655.

Nifty again closes near centre of G1(4759)

Today(14-12-11)also Nifty was highly volatile similar to yesterday and closed at 4763 with a loss of 37 points. Nifty and Nifty futures ranges were 4750 - 4840 and 4751 - 4848 respectively. In some occasions Nifty futures moved to discount also giving a negative bias. Yesterday's comments hold good in coming days also. But, it is well said "Never time the market", even though vipanisangeetham is attempting it with Agni level and planetary movement data, which may not be correct always. Tomorrow's Agni level is at 4659.

Nifty closes at 4800

Today(13-12-11)up to 14:50 Nifty moved in the range (+) or (-) 35 and thereafter zoomed 91 points to reach 4825 and closed at 4800 with a gain of same 35 points. Thus once again moving to sub 4612 levels postponed. We may have to wait for next down move, which may be after 17th or even after Santa Claus Rally which lasts till the end of the calendar year. Nifty & Nifty futures range were 4729 - 4825 & 4731 - 4840 respectively. Tomorrow's Agni level is at 4705 and hence Nifty may move upwards to top of G1(4859) and to centre of G2(4960).

Nifty closes at centre of G1(4759)

As expected, though Nifty opened with 40 points gain on global cues, it soon descended to G1 area (Top: 4859; Centre: 4759; Bot: 4612) and closed at 4765 ie. at centre of G1(4759)with a loss of 102 points. Nifty & Nifty futures ranges were 4910 -> 4756 and 4915 -> 4762. Further down move to bottom of G1(4611)is expected. Agni level for tomorrow is 4822.

Nifty closes at bottom of G2

On Friday(9-12-11) Nifty opened at 4873 with a loss of 71 points, moved down to 4843, moved up to 4902, moved down again to 4842, moved up again to 4918, moved down again to 4857 and closed at 4867 ie. bottom of G2(4859). Nifty futures range was 4850 - 4943, having a difference of 93 points. On Monday Nifty may move up on global cues. But, have to wait next two weeks (particularly from 17th to 24th)to see whether Nifty is moving down to sub 4612 levels. Upmove without going to "NiSaRi" area in major scale may not sustain. Nifty mapped on major scale from Nov Full Moon to Dec Full Moon (also a Lunar Eclipse day)is given in the table below. Agni level is high at 4977

Nifty closes below centre of G2(4960)

Today(8-12-11)Nifty opened at 5028 with a loss of 35 points, moved up to 5049, moved down to 4938, moved up again to 4984, moved down again to 4921 and closed at 4944 with a loss of 119 points. Nifty futures range was 4938 - 5074, having a difference of 136 points. As Nifty closing is below centre of G2, Nifty may move to 4912 - bottom of G2(4859) tomorrow. Tomorrow's Agni level is at 5111.

Nifty closes below Agni level

Today(7-12-11)Nifty opened at 5032 with a loss of 7 points, moved up to 5097, moved down to 5055, moved up again to 5099, moved down again to 5045 and closed at 5063 with a gain of 24 points, below Agni level(5094). Nifty futures range was 5055 - 5135, having a difference of 80 points. As Nifty closed below Agni level it may move down to 5056 - 5000 - centre of G2(4960). Tomorrow's Agni level is at 5163.

After range bound movement Nifty closes @3039

On Monday(5-12-11)Nifty moved in a range and closed at 5039 with a loss of 11 points. In European market circles today it was said "World markets:'Calm before the storm'" and the various events/happenings due up to 16th is crucial. Nifty and Nifty futures ranges were 5003 - 5055 and 5022 - 5086 respectively. In the table it can be seen that Nifty remained in "DA" itself through out the day. European events will give direction to markets in the next two weeks. Agni level is at 5094

Mayan Calendar

Business Line dated 4th December, 2011; Reuters Palenque, Mexico:
"In the Mayan calendar, the long calendar count begins in 3114 BC and is divided in to roughly 394 year periods called Baktuns. Mayans held the number 13 sacred and the 13th Baktun ends next year. The Mayan calendar marks the end of a 5126 year-old cycle around 12-12-12, which should bring the return of Bolon Yokte, a Mayan god associated with war and creation."

Comments: This blog is also started on 13th of June Friday, as number 13 seemed important in many occasions to Nandi. Nandi also know that Sun moves through 13 constellations in a year, though 12 constellations (Rasi) is the widely accepted one. The 13th constellation Ophiuchus lies after "Scorpio". Mayan calendar is based on Moon's (from where word "Month" originated) transit around the Earth and Earth's transit around the Sun. This calendar is having 13 months - 12 months of 28 days and last month 29 or 30 days to adjust 365/366 days. End of 13th Baktun works out to 5122 (394 x 13)years where as the figure given above is 5126 which means Baktun is a little over 394 years. Interestingly, 5120 is 20 times of 256, the basic frequency of carnatic music scale. Further, top of G2 in Nifty music scales is 5123 which is very close to 5126.

On Monday Nifty may move to top of G2 ( the above said 5123) and Agni level is 5014. Friday's(2-12-11) chart is given below. Nifty and Nifty futures range were 4918 - 5062 and 4939 - 5094 respectively. Nifty close was at 5050 with a gain of 113 points. All other details are in the table below.

Grahanila(Planetary positions) as on 1st Dec 2011

The Sun, Mercury & Rahu in Scorpio, Venus in Sagitarius, Moon in Capricornus, Jupiter in Aries, Ketu in Taurus, Mars in Leo and Saturn in Libra. As Rahu and Sun is in the same Rasi, on full moon day ie. 10th December, 2011 there will be a Lunar Eclipse.

Nifty closes near centre of G2 (4960)

Today(1-12-11)on very strong global cues, Nifty opened at 4971 with a gain of 139 points, moved up to 5012 (+180 points), moved around centre of G2(4960) up to 14:00, moved down to 4917 and closed at 4937 with a gain of 105 points. Interestingly on 1st December 2009 and 2010 Nifty closed with gains of 89 points and 98 points respectively and today's closing gains are near to it. Nifty futures range was 5015 -> 4936, having a difference of 79 points. Nifty spot average for the day is at 4964 which is centre of G2(4960). Nifty close today is slightly lower than tomorrow's Agni level at 4942.