Thursday, August 5, 2010

Nifty closes exactly at Agni level (5447)


Today(5-8-10)Nifty opened at 5483 with a gain of 15 points, moved in the range 5367 - 5487 till 14.35, discarded 27 points to touch 5443 and closed exactly at today's Agni level @ 5447 with a loss of 21 points. Nifty futures range was 5453 - 5483. Tomorrow's Nifty movement may perhaps confirm whether the reversal started today as indicated in yesterday's post "Despite strong global cues ....". Let us see. Tomorrow's Agni level is at 5483.

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