Thursday, September 22, 2011
Nifty closes below centre of G2(4960)
Today(22-9-11)on global cues, Nifty opened at 5040 with a loss of 93 points , moved up to 5060, thereafter steadily moved down to 4908 and closed at 4924 with a loss of 209 points. Nifty futures range was 4898 - 5062, having a difference of 164 points. On 10th September 2011 it was said "Nifty may move to centre of G2(4960) and to bottom of G2(4859). Full Moon on Monday and Moon's conjunction with Mars and Venus on 23rd and 28th respectively may support the down move". On Full Moon day (Monday,12th Sept) Nifty closed at 4947 with a loss of 113 points. But, on subsequent days the loss was recovered and Nifty moved up to 5168. Today, just prior to Moon - Mars conjunction, Nifty lost 209 points and the down move may continue tomorrow also. Nifty may move to bottom of G2(4859) and further down may be to centre of G1(4759). Tomorrow's Agni level is at 5050.
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