Thursday, April 15, 2010

Nifty closes at 5274, below Agni level


Though Nifty today(15-4-10)opened at 5373 with a gain of 50 points, it declined steadily and closed at 5274 with a loss of 49 points. Nifty close is near the centre of Sudha Madhyamam (5286). Nifty futures range was 5268 - 5378, a difference of 110 points. After 14.00 Nifty declined below Agni level at 5315 signaling exit of longs. Tomorrow's Agni level is at 5304.

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