Tuesday, September 14, 2010

Nifty closes at the top of M2(5797)


Today(14-9-10) Nifty opened at 5782 with a gain of 22 points, moved down to 5767, moved up to 5838, swiftly declined and moved in the range 5775 - 5813 and closed at 5796 with a gain of 36 points. Nifty futures range was 5758 - 5845. Similar to yesterday Nifty futures opened with 8 points discount and closed with 20 points premium. As Nifty close today is at the top of M2(5797), whether it will move to P(Panchamam; Bottom : 5797, Centre: 5952 and Top: 6154)will be known during this week. It is likely that Nifty may open positive and go to red tomorrow. Agni level for tomorrow is at 5811.

2 comments:

BALA said...

Sun enters virgo (16TH)where Saturn is place with aspect of Jupitor retrogade.Mars is 6/8/position with jupitor. What are the implications Nandi,Sir

Nandi said...

Dear Bala,
From 6th Sept onwards Nifty is defying all predictions. Continuous up move for 7 days is not a common thing. So not making any comments.