On Friday(1-10-10),(an Exceptional Friday) Nifty opened at 6058 with a gain of 28 points, steadily moved upwards to top of P ie. 6153, as mentioned in the post dated 26th September, 2010 and closed at 6143 with a gain of 113 points. Nifty moving above this level and entering D1(Sudha Daivatham; Bottom: 6154, Centre: 6355 {Nifty all time high}& Top: 6526)seems possible during this week. If Nifty moves above 6185, then we will see Nifty touching 6355 and creating a new all time high before Diwali. In yesterday's post there was a question whether Exceptional Friday effect was also behind the last hour 84 points rise. Today it was proved beyond doubt that it was not, as today it self Nifty advanced 123 points (Exceptional Friday effect is 50 - 100 points). Nifty futures range was 6050 -> 6184, having a difference of 134 points and premium was more than 30 points, highest in recent times. Tomorrow's Agni level is at 6085.
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