Monday, December 12, 2011

Nifty closes at centre of G1(4759)


As expected, though Nifty opened with 40 points gain on global cues, it soon descended to G1 area (Top: 4859; Centre: 4759; Bot: 4612) and closed at 4765 ie. at centre of G1(4759)with a loss of 102 points. Nifty & Nifty futures ranges were 4910 -> 4756 and 4915 -> 4762. Further down move to bottom of G1(4611)is expected. Agni level for tomorrow is 4822.

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