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.