Tuesday, February 8, 2011

Nifty closes at 5313, below Agni level

Today(8-2-11)Nifty opened at 5432 with a gain of 36 points, moved down to 5336 at 11.40, moved in the range 5436 - 5451 up to 14.30, moved down to 5303 thereafter and closed at 5313 with a loss of 83 points, below the Agni level. Nifty futures range was 5421 -> 5304. Nifty may move down to centre of M1(5286)tomorrow. If downward move continues the next level is low of M1(5123). Tomorrow's Agni level is at 5362.

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