Today(7-5-12)Nifty touched the " Freak Friday" figure 5000 and moved up like a lion's "GAAR" and closed at 5114 with a gain of 27 points. However, Nifty close at 5114 is in G2 (closing and daily average < 5123) and Nifty may move to centre of G2(4960) shortly. Nifty and Nifty futures range was 4988 - 5125 ( 137 points) and 5001 - 5140 (139 points). As tomorrow's Agni level is at 5104, exit shorts and go long if Nifty remains above that level, since an up move towards centre of M1(5286)cannot be ruled out.
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