Today(3-8-11)Nifty opened at 5386 with a loss of 71 points, moved down to 5379, moved up to 5423 and closed at 5405 with a loss of 52 points. Nifty closing is in M1(Shudha Madhyamam - Bottom: 5123; Centre: 5286; Top: 5464) and if Nifty remains in this range tomorrow also it may decline to centre of M1(5286) and to Bottom of M1(5123). Nifty futures range was 5387 - 5437, having a difference of 50 points. Tomorrow's Agni level is at 5408.
2 comments:
thanks....s i too feel we have one more leg down
Mr Jonak,
Within 2 days low of M1(5123)reached and a 100 points bounce to 5224 and closing at 5211.
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