Saturday, June 30, 2012

Nifty moves to centre of M1(5286)

Friday(29-6-12)Nifty opened at 5191 with a gain of 42 points on global cues, moved up to centre of M1(5286) as anticipated in the post dated 21st June 2012 and closed at 5279 with a gain of 130 points. Nifty futures range was 5215 - 5310, having a difference of 95 points. Last Friday was also an Exceptional Friday being first Friday after a F&O settlement. Now Nifty may move towards top of M1(5464) if moves above 5312 & 5376. Agni level for Monday is at 5212.

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