Wednesday, June 1, 2011

Nifty closes @ 5592, below tomorrow's Agni level


Today(1-6-11)Nifty opened at 5580 with a gain of 20 points, moved up to 5596, declined to 5559 & moved in the narrow range 5566 - 5582 up to 14:25, moved to 5597 and closed at 5592 with a gain of 32 points. Nifty futures range was 5546 - 5594, having a difference of 48 points. As Agni level for tomorrow is at 5626, exit longs and go short if Nifty remains below that level.