Thursday, July 14, 2011

Nifty moves to centre of M2(5642) & closes @5600


Nifty was highly volatile today(14-7-11). After opening at 5572 with a loss of 13 points Nifty moved down to Agni level @ 5542. Then steadily moved up to 5596, paused a little, moved up again to 5654, after 14:30 discarded all gains quickly and moved down to 5582 and closed at 5600 with a gain of 15 points. Nifty futures range was 5546 - 5667, having a difference of 121 points. Tomorrow's Agni level is at 5527 and Nifty is likely to be highly volatile being a full moon day.

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