Wednesday, May 16, 2012
Nifty closes at bottom of G2(4859)
Today(16-5-12)Nifty closed at 4858, bottom of G2(4859) mentioned in post dated 13th May, with a loss of 85 points. Nifty and Nifty futures ranges were 4837(Soma level:4849) - 4882 and 4827 - 4879 respectively. Since today's daily average is 4859.65
it can be treated that Nifty is yet to move to G1. Tomorrow's Agni level is at 4854.
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Note : Yesterday Sun transited from Aries to Taurus, Today Saturn transited back to Virgo from Libra and Venus's retrograde started. Ill effects were feared in May 1st Grahanila post and Nifty closed at 4858, this years lowest closing so far.Tomorrow Jupiter also transits to Taurus, which may be favorable to markets.
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