Today (22-4-09) Nifty spot low was 3296.90, a point sub 3300 which has not been seen after 9th April, 2009. Nandi does not consider it as a breach of 3300 level, as 8 points grace is not crossed. It was considered as a remote possibility considering the strength in put open interest. Nifty immediately moved above 3300 and closed at 3330. Tomorrow's Agni level is at 3335 and it is a buy if Nifty moves up and closes above that level.
Note: One more EIGHT coming. RBI is introducing new Ten Rupee bimetallic coin having weight of 8 (Eight) grams. Welcome to the new member to the group of 8.
1 comment:
nice observation sir abt wt. of coin
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