Saturday, February 28, 2015

Budget day 2015 - Nifty closes @ 8902

Being Budget day, today's(28-2-15) special trading session was hightly volatile and Nifty moved up and down a couple of times and closed at 8902 with a gain of 57 points. True volatility can be seen from Nifty's gains and losses ie: + 68, + 81, - 6, + 96, - 94, + 84, + 57. Though Nifty range was 8751 - 8941, 190 points Nifty traversed more than 650 points. Today's Nifty closing is just 50 points below the highest closing of 8952 on 29-1-2015. Nifty futures range was 8791 - 8993. However, Nifty stayed above the Agni level for the day at 8736.

No comments: