Sunday, October 9, 2011

Nifty moves between low and centre of G2


On Friday(7-10-11)Nifty opened at 4916 with a gain of 165 points, moved in the range 4861 - 4923 and closed at 4888 with a gain of 137 points, in G2. Nifty futures range was 4872 - 4939, having a difference of 67 points. Monday's Agni level is at 4723. As Friday's Nifty close is 165 points above Agni level buying is not advisable. Prefer to just watch on Monday and wait for sell signal( Nifty < Agni level)around Full Moon day. If there is opportunity, day trade can be executed based on "AGNI BREAKS OPEN PREMIUM" manthra.

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