Thursday, October 4, 2012

Nifty moves to top of M2(5797)

Today(4-10-12) Nifty has moved to top of M2(5797) as anticipated in the 22nd September 2012 post. Today's Nifty range was 5751 - 5807 and Nifty futures 5780 - 5842 having a difference of 62 points. There was an up move of around 600 points from 5215 to 5807 during the last one month. If Nifty continues to move upwards it may move to centre of P(5952) through 5824 and 5888.

2 comments:

BALA said...

To day a freak trade in the nifty as reported in papers. It is just like SGX nifyt given warning signals of impending any move. Your esteem views pl

Nandi said...

Dear Bala,
Today's post is reply to your queries and hope it satisfies you.