Thursday, April 22, 2010

Nifty closes below the centre of Sudha Madhyamam


Today(22-4-10) Nifty showed high volatility and the range was 5221 - 5332 ( 111 points). Nifty futures range was 5217 - 5342 ( 125 points). However closing was at 5269 with a gain of 24 points only, below the centre of Sudha Madhyamam (5286). Today's volatility may be due to the Moon - Mars conjunction. So, 26th(Moon - Saturn conjunction) or 28th( Full Moon day)may be turning day for Nifty, if Agni level confirms. Tomorrow's Agni level is at 5214.

1 comment:

rochak parekh said...

nandi sir
thanks for ur invaluable inputs
u mentioned 26 th or 28 th might be the turning days for nifty
turning what sir
from bull to bear
or from bear to bull
thanks answering
r parekh r