Thursday, November 19, 2009

Centre of Anthara Gandharam touched


Yesterday it was advised to watch the break out of the range 5040/5000 - 5085/5120 for direction of the market. Today (19-11-09)first hour itself 5040 was broken and up to 14.00 Nifty stayed above 5000. But, after that it slid to 4964(centre of Anthara Gandharam), attempted to regain 5000 levels and without success closed at 4989 with a loss of 66 points. As mentioned yesterday, after three days lull, Nifty choose to move down and if moved below centre of Anthara Gandharam (4960) tomorrow its next level is at 4859, low of Anthara Gandharam. Tomorrow's Agni level is at 5076.

No comments: