Thursday, April 28, 2011

Nifty closes at low of P

Today(28-4-11)Nifty opened at 5856 with a gain of 22 points, gradually moved down to 5777 and closed at 5785(low of P)with a loss of 49 points. Nifty futures range was 5861 -> 5776, having a difference of 85 points. Volatility was totally missing today, even though it was a settlement day for F&O April series. On both counts tomorrow is an exceptional Friday and expect 50 to 100 points up move. Tomorrow's Agni level is at 5838.

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