Sunday, May 6, 2012

Nifty may move to Freak Friday figure 5000

On last Friday(4-5-12), Nifty opened at 5177 with a loss of 11 points and closed at 5087 with a loss of 101 points. Nifty and Nifty futures ranges were 5071(Soma level:5069) - 5177 and 5083 - 5181 respectively. However, the daily average of Nifty is @ 5123.90, the bottom of M1. It was a day of Moon&Saturn(in retro)conjunction, soon after Sunrise. It is likely that Nifty may move down to the freak figure 5000 mentioned in the post dated April 22, 2012 under the head "Freak Friday". Tomorrow's Agni level is at 5169.

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