Thursday, June 3, 2010

Nifty upmove terminated at top of Anthara Gandharam(5123)


Today(3-6-10)Nifty opened at 5097 with a gain of 77 points, moved in the range 5086 - 5126(top of Anthara Gandharam : 5123) and closed at 5111 with a gain of 91 points. Nifty futures range was 5062 - 5109. As Nifty didn't move above Anthara Gandharam range it is likely to decline tomorrow. If it is moving above 5123 convincingly 5286 can be expected. Tomorrow's Agni level is at 5085.

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