Sunday, June 20, 2010

On Friday Nifty closes in red

On Friday(18-6-10)Nifty opened at 5255 with a loss of 20 points, moved in the range 5246 - 5306 and closed at 5263 with a loss of 12 points. Thus, after 7 successive green closings Nifty closed in red. Nifty futures range was 4248 - 5297. As F&O settlement is due during this week volatility can be expected and a clear trend may emerge after that. The Agni level for Monday is at 5327.

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