Tuesday, June 9, 2009

Nifty above Agni level - but with small margin

As expected Nifty today (9-6-09)opened with a down ward move and touched 4365. Then, as anticipated steadily moved up, touched 4562 and closed at 4551 with a gain of 121 points. Out of 151 points lost yesterday Nifty today recovered 121 points. Nifty close at 4551 is above the Agni level for tomorrow at 4538, but with small margin (just 13 points only). Even though positive it must be confirmed tomorrow.

Today's Nifty future range was 4569 - 4385 with a difference of 184 points which is exactly divisible by 8.

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