Thursday, July 8, 2010

Nifty trades in a narrow range


On global cues, Nifty today (8-7-10) opened at 5310 with a gain of 69 points, moved up to 5321 and closed at 5297 with a gain of 56 points. Nifty futures range was 5304 - 5340, a difference of 36 points. If Nifty moves above today's high it may move to top of M1(5464). Otherwise it may return to 5200 levels. Tomorrow's Agni level is at 5275.

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