Nifty moves to centre of M1(5286)

Friday(29-6-12)Nifty opened at 5191 with a gain of 42 points on global cues, moved up to centre of M1(5286) as anticipated in the post dated 21st June 2012 and closed at 5279 with a gain of 130 points. Nifty futures range was 5215 - 5310, having a difference of 95 points. Last Friday was also an Exceptional Friday being first Friday after a F&O settlement. Now Nifty may move towards top of M1(5464) if moves above 5312 & 5376. Agni level for Monday is at 5212.

F&O settlement sans volatility

Today(28-6-12), F&O settlement day for June series, Nifty opened at 5149 with a gain of 7 points and closed flat at 5149 itself, after moving in the 34 points range from 5125 to 5159. Today's high - low difference was lowest in a F&O settlement day. Nifty futures range was 5121 - 5159, having a difference of 38 points (same as yesterday). There is again a Moon-Saturn conjunction today (very rare 2nd conjunction in the same month) and European and US markets are in red, the effect may be reflected in Nifty tomorrow. Tomorrow's Agni level is at 5129.

Nifty closes again in M1

Today(27-6-12)Nifty moved in the narrow range 5129 - 5160 (single swara "RI") and closed at 5142, in M1 again. Nifty futures range was 5124 - 5162, having a difference of 38 points only. Tomorrow, being F&O settlement day, high volatility can be expected. As tomorrow's Agni level is at 5132 go long if Nifty remains above it.

Nifty closes flat at 5121

Today(26-6-12)Nifty moved in the range 5096 - 5135 and closed flat at 5121. The closing is at 20x and it is also the boarder of G2 & M1. Nifty's down move terminated at 5095.50 at 14:40 and thereafter reversed to 5131. Nifty futures range was 5093 - 5142, having a difference of 49 points. Tomorrow's Agni level is at 5151.

Nifty closes in G2 again

Today(25-6-12)Nifty opened at 5159 with a gain of 13 points, moved up to 5195, moved down swiftly after 14:00 to 5106 and closed at 5115, in G2 again. As Nifty closed below the Agni level, it may continue its downward move tomorrow. So, Moon - Mars conjunction effect will not delayed as suspected in the last Monday post. Nifty futures range was 5098 - 5203, having a difference of 105 points. Nifty lows on 20th,21st,22nd & 25th were 5100.70, 5093.45, 5094.00, 5105.65 respectively. Nifty may move to 5056 and to centre of G2(4960) in coming days. Agni level for tomorrow is at 5162.

Nifty closes at 5146 reversing from 5094

On Friday(22-6-12) Nifty opened at 5097 with a loss of 68 points, moved in the range 5094 - 5160 and closed at 5146 with a loss of 19 points. Nifty futures range was 5091 - 5167, having a difference of 76 points. F&O settlement, name of new FM etc may swing the market. Down day may be 26th or 27th. Agni level for Monday is at 5167.

Nifty closes at 5165, in M1( above 5123)

Today(21-6-12),the day of Summer solstice, Nifty opened at 5097 with a loss of 24 points, remained in the range 5093 - 5123 up to 14:00, surged thereafter to 5170 and closed at 5165, in M1 with a gain of 44 points. On Sunday (17th June) it was said "Entering M1(average > 5123) and remaining for two/three days there may pave way for Nifty to move to centre of M1(5286). As there is Moon-Venus conjunction on Monday the chances for that is remote." Yes, that didn't happen on Monday. Today the daily average is 5131.93 and hence Nifty entering M1 confirmed. But, the remaining part is also to be completed to enable Nifty to move to centre of M1(5286). Let us wait and see. Nifty futures range was 5092 - 5179, having a difference of 87 points. Tomorrow's Agni level is at 5127.

Last week gone for Dogs and Cats

In games played on childhood days, if the position looks similar to opening position even after playing for a long time the game is cancelled saying "Nayakkum Poochaykum Poyi" meaning "Gone for Dogs and Cats". Similar is the position of Nifty today(20-6-12). On last Wednesday Nifty closed at 5121 same as of today, even after Greece election, IIP numbers, Inflation data, RBI credit policy review etc. etc. Please compare the chart of last Wednesday(13th June)- Opening, High, Low & Close were 5117.55, 5144.90, 5095.45, 5121.45 on that day. Today it were 5114.55, 5141.70, 5100.70, 5120.55. Nifty futures Low & High were 5091 - 5145 on last Wednesday and 5096 - 5144 today. So, waiting for a fresh move from tomorrow. Tomorrow's Agni level is at 5119. For reference purpose yesterday's(19-6-12) table is given below:

Nifty closes at 5064 with a loss of 75 points

Today(18-6-12) Nifty opened at 5174 with a gain of 35 points, moved up to 5190, remained in the range 5172 - 5184 up to 11:00 ie. RBI announcement of no change in Repo rate or CRR, moved down to 5042 and closed at 5064 with a loss of 75 points ie. negative closing as anticipated in Grahanila post dated 1st June, 2012. Today also Nifty daily average is at 5116, in G2(< 5123) and hence the possibility of Nifty moving to centre of M1(5286) does not arise now. Therefore Nifty may move to centre of G2(4960) as mentioned earlier. Nifty futures range was 5191 -> 5031, a difference of 160 points. Tomorrow is a new Moon day. But, major portion of Sun-Moon conjunction will be taking place after our trading hours and it was mentioned as 20th in Grahanila post. Though out of ten new Moon days in eight cases Nifty may be moving up. However, in some instances it will act as a trend-breaking event and hence mentioned as a down day. Considering today's heavy decline 20th need not be a down day. Next down day is on 26th when Moon conjuncts with Mars(effect may be in the afternoon). Tomorrow's Agni level is at 5101.

Nifty closes at 5139 - highest closing after 3rd May

On Friday(15-6-12)Nifty closed at 5139 with a gain of 84 points, highest closing after 3rd May 2012(5188). But, the daily average was 5107.68 and hence it is yet to enter M1. Entering M1(average > 5123) and remaining for two/three days there may pave way for Nifty to move to centre of M1(5286). As there is Moon-Venus conjunction on Monday the chances for that is remote. Result of Greece election and RBI credit policy review are deciding factors for Nifty's next movements. Nifty and Nifty futures ranges were 5069 - 5146 and 5073 -5156 respectively. Agni level for Monday is 5143.

Nifty closes at Monday closing level

Today(14-6-12)Nifty opened at 5105 with a loss of 16 points, moved up to 5130, moved down to 5048 and closed at 5055 with a loss of 66 points. Monday(11th) level was 5054. Nifty futures range was 5139 -> 5046, having a difference of 93 points. Nifty may move to centre of G2(4960) shortly. Agni level for tomorrow is at 5124.

Nifty closes again at 20x

Today(13-6-12) Nifty closed flat at 5121 ie. again @ 20x. Nifty and Nifty futures ranges were 5095 - 5145 and 5091 - 5145 respectively. Agni level for tomorrow is at 5168. For comments read yesterday's post.

Nifty closes at 20x ie. 20 x 256 = 5120

Today(6x2/6x1/6x2) Nifty opened at 5015 with a loss of 34 points, at 13:50 @ 5060, surged thereafter to 5127 and closed at 5116 (@20x ie. 20 x 256 = 5120) with a gain of 62 points. Despite adverse news inflows yesterday(S&P downgrading) & today (dismal IIP numbers) market is moving up on hopes of RBI rate cut!!! How long this could be sustained is the question. As planets are not favorable next week, be on guard. Nifty and Nifty futures ranges were 5015 - 5129 and 5022 - 5138 respectively. Agni level for tomorrow is at 5178.

Nifty closes below Agni level

~~~~~~~~~~~~~~~~~~~ Today(11-6-12)Nifty closed at 5054, below Agni level(5093)with a loss of 14 points. Nifty and Nifty futures ranges were 5041 - 5124(top of G2) and 5035 - 5124 respectively. As Nifty closing is below the Agni level Nifty may move downwards to centre of G2(4960). Agni level for tomorrow is at 5162.

Nifty closes at 5068

~~~~~~~~~~~~~~~~~~~ On Friday(8-6-12)Nifty opened at 5044 with a loss of 6 points,by 2.00 p.m. moved down to 4995, surged more than 100 points to 5084 and closed at 5068 with a gain of 18 points. Nifty futures range was 4965 - 5079, a difference of 114 points. As Agni level is at 5093 exit longs if Nifty does not move above that level.

Nifty closes at Fifty Fifty

Today(7-6-12)Nifty closed at 5050 with a gain of 53 points. Nifty and Nifty futures ranges were 5008 - 5060 and 4981 - 5037 respectively. Tomorrow's Agni level is at 4986.

Shukra samtharan (Venus transit) of 6th June 2012

Due to rain and clouds Shukra samtharan which occurred up to 10.00 am today(6-6-12)was not seen clearly in Trivandrum. The magnificent event filmed by Shri Abhay Somkuwar from Kolkota is given above.

Nifty closes near 5000 with a gain of 134 points

Today(6-6-12) Nifty closed at 4997 with a gain of 134 points. Nifty and Nifty futures ranges were 4886 - 5010 and 4883 - 4987 respectively. Table for 5-6-12 and 4-6-12 given below for reference. On 4th June Nifty low was 4770 ie. 240 points upmove. Agni level for tomorrow is 4863.

Nifty closes in G1

On Friday(1-6-12)Nifty moved up to 4924 at the opening, moved steadily downwards and closed at 4842 in G1(top: 4859, centre: 4759, bottom:4612). Incidentally Soma level for the day was 4841. The daily average for Friday was at 4878.38 which is in G2. If daily average also moves down to G1 on Monday, shortly 4759(centre of G1) and 4612(low of G1) can be expected. Nifty and Nifty futures ranges were 4925 -> 4832 and 4915 -> 4815, having a downward move of 100 points. Though it was an Exceptional Friday (next day of F&O settlement) Nifty didn't move up any time through out the day, which is a phenomenon seen for the last four years. Agni level for Monday is at 4905.

Grahanila(planetary positions) as on 1st June 2012

As on 1st June,2012 the Sun,Jupiter,Venus,Mercury & Ketu are in Taurus, Mars in Leo, Saturn & Moon in Virgo and Rahu in Scorpio. In May Grahanila itself it was pointed out the assembly of a number of planets in the presence of Ketu it will not be good for the whole world and world markets. You can see what happened during May 2012. That was with benevolent Jupiter one among them and in presence of less harmful Ketu. The same situation may repeat in Nov/Dec 2012 with out Jupiter and in presence of Rahu. Moon - Saturn(in retrograde) conjunction effect seen today with Nifty futures loosing 100 points. On 6th June Venus will pass through the disc of Sun like an ant moving through a golden plate. Don't try to see it by naked eyes - it may damage your eye sight. Use necessary protective measures. Such a Venus transit through the Sun disc(as seen from the earth) had taken place in June 2004 and after six months a massive earth quack and Tsunami struck the world. Do meditate and pray to have strength to face the natural calamities that may be due in Nov/Dec 2012.

After 1st June down days are on 18th,20th and 26th. Please refer this link for more news on astro special events.