On Friday(23-9-11), the day mentioned on 10th Sept, Nifty was highly volatile and closed at the same point mentioned ie. bottom of G2(4859). Nifty opening was also at the same level and the day's range was 4830 - 4930 (see table for details) where as Nifty futures range was 4819 (11 points discount) - 4935 (5 points premium), having a difference of 116 points. As Nifty closing is at the boarder of G1 & G2, next week it can move either way and high volatility can be expected due to new-Moon on 27th (+), Moon-Venus conjunction on 28th(-) and F&O settlement on 29th. Risk averse traders may keep away from trading during the coming week .Agni level for Monday is at 4961.
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