Nifty today (30th March 2009) opened 71 points down and continued to move downwards and at 3.20 p.m. it reached 147 points down. At closing it was at 2978, loosing 131 points from the last closing. As last Friday closing of Nifty at 3109 was below the Agni level of 3118 and %k of stochastic was at 96 there was high possibility for a fall as mentioned in the last post. The fall is likely to continue tomorrow also even though Mutual Funds will try to salvage as it is the last day of the current financial year.
Todays Nifty Futures High and Low was 3067 and 2971 having of difference of 96 points which is divisible by 8/16. The difference is 6 Annas.
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