Thursday, October 7, 2010

Nifty closes below Agni level


Today(7-10-10) Nifty opened at 6198 with a gain of 12 points, moved in the range 6167 - 6199 up to 14.00, declined fast to 6108 and closed at 6120 with a loss of 66 points. Nifty futures range was 6230 -> 6134, having a difference of 96 points. Nifty closing is below the Agni level for the day at 6250 and hence further downward movement expected tomorrow. Agni level for tomorrow is at 6205.

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