Tuesday, May 22, 2012

Nifty closes at bottom of G2(4859)

Today(22-5-12)Nifty opened at 4956(near centre of G2), moved to negative territory after 13.00 as expected and closed at 4861 ie. bottom of G2(4859) with a loss of 45 points. Nifty and Nifty futures ranges were 4850 - 4956 and 4830 - 4940 respectively. As tomorrow's Agni level is at 4871 go short if Nifty remains below that level.

2 comments:

jonak said...

Nandi jee....i dont remember....So i wanted to confirm...did we see a Freak trade for June series at 5400 sometime back in Marhc or April???

Nandi said...

Dear Jonak,
We did see a freak trade of 5400 in SGX Nifty Jun series on 18th April. But, the validity of it might be nullified on "Freak Friday", the 20th April when our own Nifty touched a low of 5000.