Wednesday, September 23, 2009

Nifty back to Friday position

Today (23-9-09) up to 14.45 Nifty moved in the range 5031 - 4995 range without giving any indication of its next move. At 14.20 Nifty was at 5021, by 14.45 it declined to 5000, after came the fast downward move that carried Nifty to 4957 (15.05), and gaining a little it closed at 4970 with a loss of 50 points. Tomorrow's Agni level is at 5040 and that may be the upward limit for tomorrow.

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