Thursday, June 28, 2012

F&O settlement sans volatility

Today(28-6-12), F&O settlement day for June series, Nifty opened at 5149 with a gain of 7 points and closed flat at 5149 itself, after moving in the 34 points range from 5125 to 5159. Today's high - low difference was lowest in a F&O settlement day. Nifty futures range was 5121 - 5159, having a difference of 38 points (same as yesterday). There is again a Moon-Saturn conjunction today (very rare 2nd conjunction in the same month) and European and US markets are in red, the effect may be reflected in Nifty tomorrow. Tomorrow's Agni level is at 5129.

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