Monday, April 27, 2009

Second day closing in Kaisiki Nishadam

Today(27-4-09) Nifty closed at 3470 with a loss of 11 points, after moving in the range of 3435 & 3517. However, it is the 2nd day closing in Kaisiki Nishadam (above 3460) which indicates strength. Last time (17th April)next day it declined and closed in Chatusruti Daivatham. Nifty moving above 3500 again seems probable. Agni level for tomorrow is at 3475 which is just above the Nifty closing today. Exit as usual, when Nifty slides below Agni level(allow 8 points grace).

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