Wednesday, January 12, 2011

Nifty closes @ 5863 in P

After 5 days down move and yesterday's flat closing, today(12-1-11)Nifty reversed its trend as expected. Nifty opened at 5816 with a gain of 62 points, moved down to 5711, moved up to 5874 and closed at 5863 with a gain of 109 points in P(Panchamam). Nifty futures range was 5712 - 5885, having a difference of 173 points. Tomorrow's Agni level is at 5651, and Nifty above Agni level is a buy (positional & intraday - for intraday buy, following Day Traders Manthra will be more beneficial).

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