Thursday, February 25, 2010

Nifty again at G1 & G2 boarder (R19A0) - Penultimate day


Today(25-2-10), though F&O settlement day, yesterday's same situation continued to day also and what ever told yesterday is valid for today also. After moving in a range 4836 - 4880, Nifty today closed at 4860, at the same position as of yesterday in the boarder of Gandharam(G1) and Anthara Gandharam(G2). Tomorrow, some fast movements can be expected based on the proposals in the financial budget. Being an exceptional Friday, a temporary up move also will be there. Watch the break out of 4830 - 4885 range, which was being kept for the last three days, for the direction of the Nifty. As there is Moon & Mars conjunction, preferred view is downwards. Tomorrow's Agni level is at 4854.

2 comments:

Unknown said...

penultimate means next to last or ultimate ??

Nandi said...

Penultimate day to Budget and last day of the range bound trading. As title required some change from yesterday's the word "penultimate" was added. Nothing serious in it.