Monday, December 28, 2009

Expect centre of Sudha Madhyamam (5286)


On 24th December,2009 Nifty closed at 5178 with a gain of 33 points after breaking the earlier high of 5183 and reaching 5198. The following was the post dated 6th December, 2009."As the low of 10 day range 5038 - 5183 has already been broken, high may also be broken and Nifty may close at the centre of Sudha Madhyamam (5286) before the end of 2009." Now the upper limit has also broken. So, expect 5286 before the end of year 2009, once the psychological barrier 5200 is broken.
Tomorrow's Agni level is at 5121.

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