Wednesday, December 22, 2010

Nifty closes below Agni level

Today(22-12-10)Nifty opened at 6019 with a gain of 18 points, moved in the narrow range 6002 - 6024 up to 13.30, declined to 5960 and closed at 5984 with a loss of 17 points. Today's Nifty futures range was 5977 - 6043. As Nifty closing is below Agni level(5989) and tomorrow's Agni level is at 6015, Nifty is weak unless it moves above 6015.

1 comment:

kalyani said...

Last year same time almost nifty has moved from 4860 levels to 5200++ levels in just couple of sessions even u have mentioned the same in your website as santaclaus rally can we expect anything like that in this next 5 sessions of the Dec Expiry as we have been witnessing the 6000CE has high OI built up can this be possible in anyway.Also tomorrow might be a Exceptional friday as we have a down and sideways move in last two sessions..........

Thanks N Regards