Thursday, May 19, 2011

Nifty closes in green though flat


Today(19-5-11)Nifty opened at 5453 with a gain of 32 points, moved in the narrow range 5411 - 5438 and closed flat at 5428 in green with a gain of 7 points. Nifty futures range was 5452 -> 5404, having a difference of 48 points only. Though most of the time Nifty was in green it did remain below Agni level most of the time. It didn't enter M2(above 5464)area. Waiting to see whether it moves to 5464 - 5555 - 5642. Tomorrow's Agni level is at 5387.

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