On Friday(2-9-11)Nifty moved to top of G2 ie. 5114 as expected in the opening, but as Nifty futures was just 5072(massive 42 points discount) Nifty lost 100 points within 5 minutes and Nifty futures declined to 5007. After touching a low of 4993 Nifty moved up and closed at 5040 with a gain of 39 points. Nifty and Nifty futures range on Friday was 4993 - 5114 and 4989 - 5072 respectively. As Monday's Agni level is at 4986 go short if Nifty moves below it.
No comments:
Post a Comment