As on 1st January, 2013 Sun & Mercury in Sagitarius, Mars in Capricornus, Ketu in Aries, Jupiter in Taurus, Moon in Cancer, Saturn & Rahu in Libra and Venus in Scorpio. Planetary transits in January 2013 are 4th Venus -> Sagitarius, 14th Sun -> Capricornus, 15th Mercury -> Capricornus, 25th Mars -> Aquarius, and 28th Venus -> Capricornus.
The planetary positions given are at the time of sunrise in India(Kerala) and conjunction effects on markets may be seen on the countries (Asia or Europe or US) over which conjunction take places. It may effect Nifty on that day if the difference is less than 5 degrees and next day otherwise. As per above Nifty may move downwards in the second week ie. 6th to 13th.
Nifty futures trading based on AGNI, 4DMA & EMA10
Daily 4DMA & EMA10 figures will be available from
chartink.com.
9 comments:
Shri Nandi,
Hello!
Have some doubts on positional trading based on 4DMA & 10 EMA
DO we have to take position next day based on today's closing for for case III : when closed < 4dam and > 10 ema vice versa..
In this case how to hold the trade taken based on AGNI level..if it is Below 4 dma but closing is above AGNI...
Should we consider AGNI levels or those trades should be treated separately?
Thanking you & Best Regards,
Dear Atharva,
You can hold on the positions taken for day trade and convert it for positional trade whenever Nifty closes between 4DMA & EMA 10. No need to wait for next day.
Positional trades based on 4DMA & EMA 10 is more dependable than AGNI level alone. Hence the modification. If you are confortable with Agni level alone in your experience there is not much harm in continuing it (there is less than 5% chance to have a losing trade).
Wish you a profitable trading year ahead.
Reagards
Is it possible to publish along with agni levels the 4 dma and EMA 10 levels for the benefit of viewers .Thanks
Dear Bala,
It is very easy to get 4DMA & EMA 10 from chartlink.com - once you change the default settings to the required moving averages it will be stored and when ever you click that link next time you will get what you required. Seeing the chart will also have a better idea than the mere figures. Further it will reduce dependence on Nandi.
With reqgards
Thanks Nandi Sir, After much effort , I could be able to get the chart saved as per ur guidance. By the by Sir, in the chart link how to get the intra day charts
NIFTY 29-Jan-2013
Current Market Situation :
NIFTY current close : 6050
NIFTY resistance level : 6158
NIFTY support level : 5912
NIFTY sentiment : positive
NIFTY dominant cycle period : 18 days
Levels Tomorrow :
NIFTY intraday resistance 1 : 6075
NIFTY intraday resistance 2 : 6104
NIFTY intraday resistance 3 : 6147
NIFTY intraday support 1 : 6024
NIFTY intraday support 2 : 5995
NIFTY intraday support 3 : 5953
for more log onto
http://marketsquantified.blogspot.in
4dma means 4sma or is it displaced moving avge ? if yes then what are the parameters for displacement?
yes, 4dma means daily simple moving average for 4 days.
Now how to find bands after 15872....Please SIR.......
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