Thursday, June 24, 2010

Nifty closes flat at 5321


Today(24-6-10)Nifty opened at 5336 with a gain of 13 points, moved in the range 5285 - 5348 and closed flat at 5321. Nifty low is the centre of Sudha Madhyamam(5286).Nifty futures range was 5287 - 5353, a difference of 66 points. Tomorrow is an Exceptional Friday(Friday following F&O settlement) and full moon is on 26th. Both effects may be there tomorrow ie. an upward move around 50 points and a downward movement of 50 to 80 points. And the difference between high and low of Nifty futures may be more than 80 points. If full moon effect is not there, tomorrow's picture may change. Tomorrow's Agni level is at 5371 indicating a negative close for Nifty.

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