Sunday, October 30, 2011

Nifty opens @ 5400 & closes @ 5361


On Friday(28-10-11) Nifty opened at 5400 with a gain of 198 points on positive news from Europe, declined and moved in the range 5323 - 5365 and closed at 5361 with a gain of 159 points. Nifty futures range was 5341 - 5403, having a difference of 62 points. As Nifty close is above centre of M1(5286) it may move towards top of M1(5464). However, exit longs and go short when Nifty moves below Agni level. Agni level for Monday is at 5322.

1 comment:

Stat Trader said...

Hi

Interesting blog and analysis