Wednesday, May 4, 2011

Nifty closes in red for the 8th consecutive day

Today(4-5-11)Nifty opened at 5534 with a loss of 31 points, moved in the range 5003 - 5579 (Agni level for the day was 5581) and closed at 5537 with a loss of 28 points. Today is the 8th consecutive day Nifty closing in red and it never happened for the last three years. Nifty futures range was 5511 - 5593, having a difference of 82 points. Tomorrow's Agni level is at 5498 and Nifty may close above that level.

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