Nifty closes @5767 in M2 (Prati Madhyamam)

Today's(9-12-10) down fall in Nifty is more than anticipated and it closed at 5767 with a loss of 137 points in M2(Prati Madhyamam ; Low: 5464, Centre: 5642, Top: 5797). Nifty opened at 5927 with a gain of 23 points, moved down to 5840 up to 13.30, swiftly moved down to 5742( almost 100 points), despite positive opening of European markets. Nifty futures range was 5941 -> 5757, having a difference of 184 points, which is the highest in the year 2010. As Nifty has moved in to M2 it may move to centre of M2(5642) in coming days. As tomorrow is also an exceptional Friday(last 5 days in red) an up move of 50 to 100 points can be expected. Tomorrow's Agni level is at 5843.

Nifty closes @ 5904, below centre of P(5952)

Today(8-12-10)Nifty opened at 5954 with a loss of 23 points, moved down to 5878 and closed at 5904 with a loss of 73 points, below centre of P(5952). Nifty may move down to 5836(tomorrow's Soma level) - 5797(low of P). Nifty futures range was 5985 -> 5894. Agni level for tomorrow is at 5969.

Nifty again closes below 6000

Today(7-12-10)Nifty opened at 5979 with a loss of 13 points, moved erratically in the range 5940 - 6001 and closed at 5977 with a loss of 15 points. Nifty futures range was 5956 - 6022.Tomorrow's Agni level is at 6059.

Nifty closes flat with a negative bias

Today(6-12-10)Nifty opened at 6034 with a gain of 41 points, moved up to 6069 (Agni level was 6067),declined steadily and closed flat at 5992 with a loss of 1 point. As Nifty could not retain the gain of 76 points or a part of it and closed with a loss of 1 point there is a negative bias. Nifty range was 5982 - 6069 and Nifty futures range was 5988 - 6094. Agni level for tomorrow is at 6095.

Nifty closes below Agni level ( below 6005)

On Friday(3-12-10)Nifty moved down to 5964(14.00), bounced back and closed at 5993 with a loss of 19 points, below the Agni level for the day(6005). Nifty spot range was 5964 - 6025 whereas Nifty futures range was 5972 - 6035 (for details see table). Agni level for tomorrow is at 6067 and Nifty is likely to move down wards. Expect more downwards on Tuesday as Moon conjuncts with Mars in Sagiturus.

Nifty closes above 6000

Today(2-12-10)Nifty opened at 6030 with a gain of 69 points, moved in the range 5981 - 6030 and closed at 6012 with a gain of 51 points. Nifty futures range was 5991 - 6039. As Moon conjuncts with Venus tomorrow, market may move down wards. Go short when Nifty spot slides below tomorrow's Agni level(6005).

Nifty closes @5961 just above cntre of P(5952)

Today(1-12-10)Nifty opened at 5875 with a gain of 12 points, moved upwards steadily to 5971(Surya level was 5969)and closed at 5961 with a gain of 98 points. Nifty futures range was 5875 - 5991. As tomorrow's Surya level is at 6055 Nifty may move above 6000. Tomorrow's Agni level is at 5862.