Tuesday, September 21, 2010

Nifty closes above 6000 - first time after 15th Jan 2008

Today(21-9-10)Nifty opened at 6016 with a gain of 36 points, moved in the range 5962 - 6033 and closed at 6009 with a gain of 29 points. Nifty closing above 6000 was last seen on 15th Jan 2008 ie. @ 6156.88. Interestingly, that is the top of P(6154)which we are waiting for. Considering today's performance, it seems that we may have to wait a little longer to see that figure. Nifty futures range today was 5972 - 6046. Nifty futures moved in 6-10 points premium up to 15.05, discount of 1-2 points for 15 minutes and again in premium before closing(indecision among traders? Read Ilangoji's remarks also - second link on left side). Tomorrow's Agni level is at 6025.

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