Today(12-11-09)Nifty retraced from yesterday's position above 5000 and closed the day at 4953 with a loss of 51 points, at the centre of Anthara Gandharam (at the closing time Nifty was exactly at 4960 and 4953 is the average),as expected in the post dated 5th November, 2009. Nifty moved around 5000 levels up to 14.00 and thereafter descended to 4925 (15.00) before closing at 4953. Tomorrow's Agni level is at 5061 and as usual on Fridays, Nifty may choose to move down. As 16th November, 2009 is a no-moon day, an upward move to 5120 levels cannot be ruled out around that date.
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