Nifty today (14-7-09) moved between 4126 - 4156 up to 12.00 noon. Thereafter it gathered momentum and steadily moved up to 4250 before trading hours closed at 15.30. On averaging, Nifty close was at 4234, @ the centre point of Shuda Rishabham (4232), exactly as anticipated in yesterday's post. Nifty future range was 4117 - 4253 with a difference of 136 point which is exactly divisible by 8. Further, to day's high was also exactly at Soma level for the day, ie. 4252. Don't expect such exactness every time, market has its own rhythm and Nandi may not be able to track it exactly.
Tomorrow's Soma level is at 4340 and Nifty may go up to 4348 the upper band of Sudha Rishabham level.
No comments:
Post a Comment