Though Nifty today(11-3-10)opened at 5104 with a loss of 12 points it closed at 5133 with a gain of 17 points. Till 15.00 Nifty high was only 5135. The surge there after pushed Nifty up to 5153 and close at 5133 on averaging, in Sudha Madahyamam range(above 5123). However, Nifty close is below the Agni level for the day at 5143. Tomorrow's Agni level is at 5146. Any move above 5146-5161 may take Nifty near to Surya level at 5216.
4 comments:
New Moon effect???
regards
Dear Sujatha,
No Moon is on 15th Monday. So, on 15th or 16th New Moon effect expected.
what the effect of new moon on market? Normally it goes up or down?
Generally on days near to New Moon market goes up and the reverse is on Full Moon. Not always, it is 8/10 chance only.
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