Wednesday, June 10, 2009

Nifty in Gandharam

Yesterday Nifty gave a positive indication by moving above Agni level at close, after so many days, but feeble. Today (10-6-09)it was a strong day with gap up opening around 77 points and continued strong up move. Nifty moved in the range 4630 to 4690 and closed at 4655 with a gain of 104 points. Nifty's today close is in Gandharam (Gandharam range - Low:4611, Centre:4759, High: 4859) and it may remain in this range in coming days. Tomorrow's Agni level is at 4572 which is almost 80 points down from today's Nifty close.

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