Tuesday, July 20, 2010

Nifty closing again below the Agni level


Today(20-7-10)Nifty opened at 5416 with a gain of 30 points, declined and moved in the narrow range 5383 - 5409 till 15.00, declined further to 5454 ( loss of 32 points) during the last half an hour and closed at 5368 with a loss of 18 points on averaging. Still the closing was below the Agni level for the day at 5394. Nifty futures range was 5350 - 5412. Tomorrow's Agni level is at 5378 and Nifty may continue its downward movement to the Soma level once today's low is breached.

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