Sunday, December 5, 2010

Nifty closes below Agni level ( below 6005)

On Friday(3-12-10)Nifty moved down to 5964(14.00), bounced back and closed at 5993 with a loss of 19 points, below the Agni level for the day(6005). Nifty spot range was 5964 - 6025 whereas Nifty futures range was 5972 - 6035 (for details see table). Agni level for tomorrow is at 6067 and Nifty is likely to move down wards. Expect more downwards on Tuesday as Moon conjuncts with Mars in Sagiturus.

No comments: