Thursday, January 5, 2012

Nifty closes at centre of G1 again


Today(5-1-12)Nifty opened flat at 4749 and closed flat at 4750, at the centre of G1 again. In between it moved in the range 4730 - 4780. Nifty futures range was 4740 - 4792, having a difference of 52 points. As Agni level for tomorrow is at 4777, EXIT longs and go short if Nifty does not move above 4785. It seems that stage is set for the down move next week(refer Grahanila post dated 1st January 2012).

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