Monday, May 16, 2011

Nifty maintains the range 5464 - 5642


Today(16-5-11)Nifty opened at 5529 with a loss of 16 points, moved in the range 5488 - 5542 and closed at 5499 with a loss of 46 points. Nifty futures range was 5477 - 5537, having a difference of 60 points. Today also Nifty moved in the lower part of M2(ie. 5464 - 5642)though Nifty futures was in 5 - 10 points discount. Tomorrow's Agni level is at 5511.

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