As anticipated, Nifty today(8-12-09)moved up and by 10.20 covered yesterday losses. After that it declined and moved marginally to negative territory to bounce back and close at 5148 with a gain of 81 points. This level is same (RI) as that of the closing on Muhurat day trading. As stated earlier Nifty has to move above 5192 first to move up further and close at centre of Sudha Madhyamam (5286). Till then, preferred view is downward, with a close below centre of Anthra Gandharam (4960) as confirmation. Tomorrow's Agni level is at 5132.
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