Wednesday, June 15, 2011

Nifty closes in M1


Today(15-6-11)Nifty opened at 5491 with a loss of 10 points, moved slightly up to 5499, moved down to 5439 and closed at 5448 with a loss of 53 points, in M1((Shudha Madhyamam - Bottom : 5123, Middle : 5286, Top: 5464)area. Nifty futures range was 5505 -> 5438, having a difference of 67 points. Lunar eclipse today and RBI credit review tomorrow. Nifty may move to middle of M1(5286). Go short when Nifty moves below tomorrow's Agni level at 5444.

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