On Friday(29-1-10)the announcement that RBI has decided to enhance CRR from 5.00% to 5.75%(expectation was 5.50%)caused Nifty to dive to 4766 and Nifty futures to 4757 ie. centre of Gandharam(4759). After that exceptional Friday effect lifted Nifty 128 points and Nifty touched 4894 before closing at 4882 with a gain of 15 points. This up move may continue for a couple of days and Nifty may move to centre of Anthara Gandharam(4960) or perhaps to top of Anthara Gandharam(5123). Continuance of down ward movement expected after 5th February, the date Mercury transits to Makaram(Capricornus).
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