Wednesday, November 3, 2010

Nifty closes in D1 - but, loses momentum

Today(3-11-10)Nifty opened at 6168 with a gain of 49 points, moved in the tight range 6183 -> 6147 and closed at 6161, with a gain of 42 points in D1. Nifty futures range was 6215 -> 6176. Last one and half hour saw the high and low of the day and high volatility. As Nifty close today is below the Agni level for tomorrow (6166)it can be said that Nifty is losing momentum and it is to be seen whether it can remain in D1.


Sujatha said...


thanks for the levels. some itching after monday will see some correction??as per tamil panchang amavasya starting after 1.30 2morow muhurat trading hr also in "amavasya" . calls premium is less only. donno wat it indicates.

by the way who cried OBMA is not coming for "diwali season" :) all three blacks, amavasya,coal,o...a..

Nandi said...

A black candle also on 5-11-10 as Nifty closed (6312.45) lower than the opening(6321.85)