Thursday, March 10, 2011

Nifty moves to low of M2(5464) for the last three days

Today(10-3-11)Nifty opened at 5484 with a loss of 47 points, moved up to 5516, moved down to 5468, moved up to 5504 and closed at 5494 with a loss of 37 points. For the last three days Nifty lows were 5468, 5477 & 5468 respectively ie. just above low of M2(5464) and any move below that may terminate at 5400 or lower. Nifty futures range today was 5466 - 5515, having a difference of 49 points only. Tomorrow's Agni level is at 5499.

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