Thursday, October 6, 2011

Nifty closes at centre of G1


On Wednesday(5-10-11) Nifty opened at 4812 with a gain of 40 points, up to 12:30 moved in the range 4774 - 4828, similar to Tuesday swiftly moved down to day's low of 4741 at 13:30 and closed at 4751 ie. at the centre of G1. Nifty futures range was 4747 - 4844, having a difference of 97 points. As tomorrow's Agni level is at 4722, below the last closing Nifty may go up. Being an Exceptional Friday(Condition No.2 - last four days Nifty closed in red) except 50 to 100 points up move. Go long whenever Nifty stays above Agni level.

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