Friday, December 11, 2009

Weekly close also at 20x = 20 x 256 = 5120 - 7th day


Today(11-12-09)also Nifty made an up move that crossed even the high made on 20th October, 2009(5181.95) and made a new high of 5182.55 at 12.00 noon. But, instantly Nifty decented to 5128 at 12.03, 5103 at 12.14 and 5088 at 13.07. However, the closing was at 5117 ie. exactly at top of Anthara Gandharam (R20A0 - refer chart). Thus, the weekly closing of Nifty is at 20x and the closing near 20x (ie. swaram Sa, Ri) during December, 2009 so far is the 7th day. Next week, the 150 points range between 5038 to 5183 maintained from 1st to 11th December,2009 may be broken and Nifty may move downwards, as today's Nifty close is below the Monday's Agni level at 5145.

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