Today(14-1-10) after opening with a gain of 31 points, Nifty moved in a range lesser than that(29 points)which is the 2nd lowest during the last one year. Nifty future range (5275 - 5244)also was the lowest with just 31 points difference. Is it a saturation signal? If Nifty is not closing above the centre of Sudha Madhyamam (5286) again in next week, chances of a fast down ward movement is indicated. Effects of tomorrow's Solar Eclipse, Mandan's(Saturn) retrograde from tomorrow - Mangal(Mars) already in retrograde - and Moon & Mars conjunction on 31st January 2010, may aggravate the situation. Though not sure, it will be better to be cautious this month. Tomorrow's Agni level is at 5227.
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