Wednesday, May 30, 2012

Expected down move appeared today

Today(30-5-12)Nifty opened with a loss of 34 points and closed at 4951 with a loss of 39 points. Nifty and Nifty futures ranges were 4945 - 4982 and 4926 - 4964 (just 38 points difference). Though a F&O settlement week, volatility was absent so far. So, high volatility can be expected tomorrow. Yesterday's expected down move appeared today but, feable. Tomorrow's Agni level is at 5015.

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