Monday, October 10, 2011

Nifty closes above centre of G2(4960)


Today(10-10-11)Nifty opened at 4904 with a gain of 16 points, moved down to 4882, moved up to centre of G2(4960) till 14:00, surged to 4991 at closing time and closed at 4980 with a gain of 92 points. Nifty futures range was 4890 - 5004, having a difference of 114 points. As Nifty closed above centre of G2 Nifty may move to 5056 - top of G2(5123). Tomorrow's Agni level is at 4827.

3 comments:

jonak said...

can we expect a rally on Full moon day...or does it have to be a down move??

Nandi said...

Dear Jonak,
Please refer post dated 2nd Oct

Nandi said...

Dear Jonak,
In majority cases, Nifty moves down wards on full moon days. Today it was reverse and it was unbelievably strong rally of 113 points in the last two and half hours. There is also confusion as to whether the full moon day was yesterday or today as both yesterday and today was marked in calendars. In fact Nifty closed red yesterday.