Thursday, December 1, 2011

Nifty closes near centre of G2 (4960)

Today(1-12-11)on very strong global cues, Nifty opened at 4971 with a gain of 139 points, moved up to 5012 (+180 points), moved around centre of G2(4960) up to 14:00, moved down to 4917 and closed at 4937 with a gain of 105 points. Interestingly on 1st December 2009 and 2010 Nifty closed with gains of 89 points and 98 points respectively and today's closing gains are near to it. Nifty futures range was 5015 -> 4936, having a difference of 79 points. Nifty spot average for the day is at 4964 which is centre of G2(4960). Nifty close today is slightly lower than tomorrow's Agni level at 4942.

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