Monday, September 8, 2008

Nifty still in Rishabham

Despite Monday's gap up opening and 130 points gain in closing on 8-9-08, Nifty closed at today's Agni level (4483) only. Nifty is yet to cross Rishabham bandwidth. It has to cross at least 4611 to enter the area of Gandharam. For a positive view on 9-9-08 Nifty should close above the Agni level at 4522.

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