Wednesday, August 11, 2010

Nifty closes below the Agni level - 2nd day


Today(11-8-10)Nifty opened at 5455 with a loss of 6 points, moved upwards to 5475 (5472 is today's Agni level), steadily declined to 5412 and closed at 5421 with a loss of 40 points. Nifty futures range was 5404 - 5468, a difference of 64 points. On 8th Aug 2010 Singapore Nifty low was also 5404. Tomorrow's Agni level is at 5451. As expected, Nifty commenced its downward journey and first stop may be centre of M1(5286).

4 comments:

Sandip Pal said...

Nandi Thanks for the help. Regards.

Sandip Pal said...

Nandi your levels to be watched for Nifty spot or future ? I have been following spot.

Nandi said...

Sandy,
Spot. Futures&Options are derivatives of Spot only.

Alisha Jain said...

http://stocks-intraday.blogspot.com/