Nifty may continue its upmove beyond 4611

At today (30-7-09) closing Nifty was again where it was, day before yesterday, recovering all the yesterday's losses and today morning's 40 points loss. Today Nifty's range was 4474- 4582 and closing at 4571 ie. 7 points higher than Tuesday's closing. Thus Nifty will once again try to move up, by passing the 4611 (Chatusruti Rishabham upper boarder)level to 4759 (centre point of Gandharam). Before that it has to cross 4693, the high reached on 12-6-09. As tomorrow is an exceptional Friday(the day after the monthly F&O settlement), the chances for the above are bright. Tomorrow's Agni level is at 4582, just 14 points higher than the close of today.