Sunday, July 4, 2010

On 2-7-10 Nifty opened in green & closed in red !

On Friday(2-7-10)Nifty opened at 5272 with a gain of 21 points, moved in the range 5226 - 5277 and closed at 5237 with a loss of 14 points. Nifty futures range was 5240 - 5285. As Friday's close is in negative continuously for the second day similar to 24th and 25th June, against the expectation of a positive closing, it seems that another color change may have taken place and that will be confirmed with a negative closing on Monday and the downward move may limited to Soma level (5145). Monday's Agni level is at 5232.

No comments: