Thursday, October 13, 2011

After opening at top of G2 Nifty declines


Today(13-10-11) Nifty opened at top of G2 ie. 5137 with a gain of 38 points, declined to 5078, moved to top of G2 again ie. 5128, declined again to 5068 and closed at 5078 with a loss of 21 points. Nifty futures range was 5040 -> 5066, having a difference of 74 points and it was on a discount. As Nifty closed below Agni level, the day anticipated for sell in 9th October post, arrived today. Agni level for tomorrow is at 5179 and Nifty may move further down.

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