Up to 14.30 today(25-3-10)Nifty traded in negative territory in a very narrow range of 5203 - 5226. After that Nifty surged 42 points to touch 5267 and close the day at 5260 with a gain of 35 points, above the Agni level for the day at 5259. So, being an Exceptional Friday Nifty may move up further tomorrow and pass centre of Sudha Madhymam (5286). If tomorrow's close is above centre of Sudha Madhyamam, Nifty may move to top of Sudha Madhyamam (5464)in coming days. Tomorrow's Agni level is at 5251.
2 comments:
Sir, why is today an :exceptional friday"?
Friday becomes Exceptional if
1. Friday that follows the monthly F&O series settlement.
OR.
2. Friday that follows four negative closings.
Today falls in No.1.
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