Wednesday, June 2, 2010

Nifty bounced back from centre of Anthara Gandharam(4960)


Today(2-6-10)Nifty opened at 4994 with a gain of 24 points, moved in the range 4967 - 5031 and closed at 5020 with a gain of 50 points. Nifty features traded in the range 4941 - 5020 ie. discount of 26 points reduced to 11 points at the time of closing. Though expected further downwards as it was only 2nd day of Nifty below Agni level, Nifty bounced back from centre of Anthara Gandharam(4960). Tomorrow's Agni level is at 5093 and Nifty may not move above that. If it goes, go long.

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