Wednesday, August 17, 2011

Nifty remains in G2


Today(17-8-11)Nifty opened at 5030 with a loss of 6 points, moved up to 5112, moved down to 5017 and closed at 5057 with a gain of 21 points. Incidentally 5056 is the second figure mentioned in Monday post. Nifty futures range was very close to yesterday figures ie. 5014 - 5126, having a difference of 112 points. Tomorrow's Agni level is at 5033 and go long if Nifty remains above it. If Nifty moves above 5123 there is time to reach 5286 before expiry.

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