Nifty close at centre of Gandharam

After highly volatile, confusing and exiting movements Nifty today (5-11-09)closed at the centre of Gandharam at 4766. Though vipanisangeetham expected a positive opening and upward movement thereafter, Nifty opened with a loss of 35 points and steadily moved downwards up to 4610 (Nifty futures low was 4600 as it traded in heavy discount up to 13.30) increasing the loss to 100 points. As European markets opened weak, hope for an upward movement and positive closing faded away. But, after 13.30 Nifty suddenly surged to 4717 and at the same speed declined to 4660. After 14.20 Nifty's upward movement speed was unprecedented ie. 115 points per hour which hurled Nifty to 4776 (15.16) and a closing at 4766 with a gain of 55 points. As Nifty moved above the centre of Gandharam (4759)today, High of Gandharam (4859) and centre of Anthara Gandharam(4960)can be expected soon. Tomorrow's Agni level is at 4686.