Tuesday, September 22, 2009
Nifty closes above 5000
Today (22-9-09)Nifty opened up at 4989, moved upwards to 5036 (15.05), declined to 5012 and closed at 5020 with a gain of 44 points. Today's closing was above the last high of 5003 achieved on 17th September, 2009 and hence 5120 may be achieved earlier than expected. Though Nifty moved up to 5036 it did not touch the Agni level at 5038. Tomorrow's Agni level is at 5070 and Nifty may not cross that level tomorrow.
Subscribe to:
Post Comments (Atom)
2 comments:
RESPECTED NANDI SIR
CAN U PLEASE EXPLAIN IN DETAIL WHAT DOES THIS MEAN WHICH WAS MENTIONED IN YOUR YESTERDAYS POST Nifty▲>Agni/Nifty▼
Dear Naresh,
Some new visitors wanted to know the significance of Agni level, and how it can be used for trading. For that purpose the above mentioned line has been added to convey that Nifty will be up when it is above Agni level and Nifty will be down when it is below the Agni level. That's why Green color is given for up and red for down. As there is constraint for space it is given symbolically.
Post a Comment