Nifty today(23-11-09)touched the top of Anthara Gandharam when it was at 5113 (R20A0), as anticipated and closed the day at 5103 with a gain of 51 points. Nifty futures high today was 5119. Above 5120 it may be 5182, the high reached on 20th October,2009 in Sudha Madhyamam. Sudha Madhyamam centre is at 5286 and Nifty may move to that level once 5184/5200 level is crossed smoothly with volumes. Nifty PE ratio at the closing today is at 22.46 and above 22 it requires caution. Agni level for tomorrow is at 5065.
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