On Friday(18-12-09), up to 14.00 Nifty was above 5000 levels, but after that it swiftly declined to 4979 and closed at 4988 with a loss of 54 points. After 11th December, 2009 the day when it touched the recent high of 5183, Nifty futures high was steadily declining to 5188,5168,5125,5072,5068 and 5049. Friday's Nifty futures low was 4972. The down trend may terminate around Anthara Gandharam centre (4960) and may turn upwards. If down trend does not terminate at 4960, deep correction may follow. Tomorrow's Agni level is at 4966.
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