Wednesday, January 13, 2010

European markets help Nifty to close in green

Asian markets did not help Nifty to move above Agni level 5225 as anticipated. But, European markets did what was expected of Asian markets today - please see the surge of Nifty from 5172(13.25) to 5238(15.30). Thus, Nifty today(13-1-10)closed at 5234 with a gain of 24 points. Remember yesterday's words "Down trend is likely to continue". Tomorrow's Agni level is at 5212.

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