Friday(18-3-11)Nifty opened at 5483 with a gain of 36 points, swiftly declined 100 points to reach 5383(11.40), moved in the range 5406 - 5366 and closed at 5374 with a loss of 73 points. Nifty futures range was 5502 -> 5480, having a difference of 122 points. Since Nifty is at the bottom of 21x range( 5376 - 5632), on Monday it can bounce back or continue its downward move. Go long only if Nifty moves above Monday's Agni level (5404).
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