Thursday, December 15, 2011

Nifty closes again at centre of G1(4759)


Today(15-12-11)Nifty opened at 4713 with a loss of 50 points, moved down to 4674 (ie. 15 points near to Agni level @4659, a buying opportunity), moved up to 4769, moved down to 4735 and closed at 4746, centre of G1(4759)with a loss of 17 points. Nifty futures range was 4671 - 4784, having a difference of 113 points. As RBI credit policy review is due & the Indian rupee sank to a record low for the fourth straight day Thursday, hitting 54.30 against the dollar, Indian market will be highly volatile tomorrow. Agni level is at 4655.

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