On Monday(5-12-11)Nifty moved in a range and closed at 5039 with a loss of 11 points. In European market circles today it was said "World markets:'Calm before the storm'" and the various events/happenings due up to 16th is crucial. Nifty and Nifty futures ranges were 5003 - 5055 and 5022 - 5086 respectively. In the table it can be seen that Nifty remained in "DA" itself through out the day. European events will give direction to markets in the next two weeks. Agni level is at 5094
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