Tuesday, March 15, 2011

Nifty back to the boarders of M1 & M2

Today(15-3-11)on Asian Market cues(Singapore Nifty 170 points down)as a result of Japanese nuclear crisis, Nifty opened at 5381 with a loss of 151 points, moved down to 5373(21x), moved upwards to 5498(may be due to strong advance tax figures), declined to 5440 and closed at 5450 with a loss of 82 points, at the boarders of M1 & M2. Nifty futures range was 5376 - 5505, having a difference of 129 points. Tomorrow's Agni level is at 5457 and breaking of 21x range ie. below 5376 may lead to 5286.

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