Friday Nifty closes at Gandharamadhymam

Today (25-9-09)after volatile movement Nifty closed at Gandharamadhyamam (centre of Gandharam ie. 4960). Out of the last 7 trading days, today is the fifth day Nifty closing near centre of Gandharam ie. in the range 4958 - 4976. Nifty opened at 4931 with a loss of 56 points, up to 12.30 moved in a swallow (maximum -18)negative range, moved to 4994 (12.50), declined again to 4931, moved up to 4978(14.35)and swaying in a triangular shape closed at 4959 with a loss of 28 points. Though an exceptional Friday, the effect was muffled with just 47 points ( 4931 - 4978). Nifty futures range was 5008 - 4932, having a difference of 76 points. As Monday is a holiday on account of Vijayadasami next trading day is on 29th September only. Next week, 2nd October also is a holiday on account of Gandhi Jayanthi.