Monday, January 23, 2012

Nifty closes flat at 5046

Today(23-1-12)Nifty opened at 5021 with a loss of 28 points, moved up to 5060, descended to 5030 and closed at 5046 with a loss of 2 points. Nifty futures also moved in a narrow range 5034 - 5062, having a difference of 28 points only. Tomorrow, being a RBI credit policy review day high volatility is excepted. Agni level is at 5097.


Sujatha said...

What a "Mayan(m)"??? nifty closed @ 5127!!!!!!!!

Now the game starts :)

Nandi said...

Dear Sujatha,
In Malayalam it can be said "VisMAYAm" meaning "Magic or Wonder".
You have remembered the figure 5126 yesterday and Nifty closes today at 5127. Really WONDERFUL. Many many thanks your correct timing.

It is 20x (ie.20 x 256 = 5120)and top of G2. You have earlier pointed out it is neckline and the decline from here is definitely a new game.