Sunday, July 24, 2011

Nifty closes again at centre of M2


On Friday(22-7-11)Nifty opened at 5585 with a gain of 43 points, moved a little down to 5567, steadily moved up to 5642(+100 points), declined to 5614 and closed at 5634 (centre of M2) with a gain of 92 points. If Nifty moves above centre of M2(5642), it may move to top of M2(5797), else move down to low of M2(5464). Nifty futures range was 5573 - 5653, having a difference of 80 points. Tomorrow's Agni level is at 5597.

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