Wednesday, October 21, 2009

Nifty slips to 5050


Today(21-10-09)after 14.15 Nifty slipped to 5052 and closed at 5064 with a loss of 50 points. Tomorrow's Agni level reduced to 5127, a level Nifty can achieve. If tomorrow also Nifty closes with loss, then 23rd is an exceptional Friday(a day with gains). Thus, on both counts ie. either Nifty moves above 5127 or Nifty closes with a loss, at the closing longs can be held, provided Nifty does not close below 4960.

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