Tuesday, November 4, 2008

Nifty to move up at least 35 points to escape Agni level

Today(4th November,2008) Nifty closed at 3142, below the Agni level at 3177. Hence Nifty should move up at least 35 points to escape from the Agni level. Considering the afternoon surge and the probability of its continuance tomorrow, 35 points gain will not be a problem. But, be on guard to exit all longs when Nifty touches Agni level in coming days.

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