Tuesday, October 19, 2010

Pre-market auction - second day

Similar to yesterday today(19-10-10)also after pre-market auction Nifty opened at 6128 with a gain of 44 points, declined within 5 minutes to negative territory and moved in the range 6060 - 6095 up to 13.30, moved up to 6127(13.55), declined more than 100 points very fast to touch 6008 and closed at 6027 with a loss of 49 points. Second day of pre-market auction also Nifty didn't gave a stable opening and the volatility was very high. Nifty futures range was 6024 - 6166, having a difference of 142 points. Let us see some more days to say any opinion on it. Tomorrow's Agni level is at 6027.

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