Tuesday, April 21, 2009

Agni level receds below Nifty close.

Last four days Nifty's up move was dissipated around the Agni level for that days. But, EOD Agni level has receded to 3351, below the Nifty close of 3365 indicating a buy. Buy /go long tomorrow unless Nifty trades/closes below 3350. Nifty sliding below 3300 during this month seems remote. Today also Nifty's low was 3309, around the Surya level at 3314.

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