Monday, November 21, 2011

Nifty moves to G1


Today(21-11-11)Nifty opened at 4874 with a loss of 31 points, moved down steadily to 4765 and closed at 4778 with a loss of 127 points. Before 10:00 Nifty entered G1(< 4859)and almost reached centre of G1(4759) and may be moving to bottom of G1(4612), once recent low of 4720 breaks. Nifty futures range was 4879 -> 4768, having a difference of 111 points. Tomorrow's Agni level is at 4753.

2 comments:

BALA said...

24th New Moon. Mercury going to be retrograde. Usually Mercury retrogade stock market will be voltaile and great political events will take place. 10th full moon with eclipse. Whether will nifyt will make a new low or recover

Nandi said...

Dear Bala,
Yes, from 24th Mercury is in retrograde. Political changes are taking place in Europe and problems are in many countries. New low is the probability. Till then recoveries will be for brief periods only.