Sunday, June 24, 2012

Nifty closes at 5146 reversing from 5094

On Friday(22-6-12) Nifty opened at 5097 with a loss of 68 points, moved in the range 5094 - 5160 and closed at 5146 with a loss of 19 points. Nifty futures range was 5091 - 5167, having a difference of 76 points. F&O settlement, name of new FM etc may swing the market. Down day may be 26th or 27th. Agni level for Monday is at 5167.

2 comments:

NFtrader said...

Hi,
as nifty below Agni do u suggest
shorts?

Nandi said...

Day trades please follow "Day Trading Manthra". If positional, keep shorts only when Nifty is below the Agni level.