Thursday, March 15, 2012

Nifty closes near Kaprekar number 5382


Today(15-3-12)Nifty closed at 5381, near Kaprekar number 5382, with a loss of 83 points. Nifty and Nifty futures ranges were 5362 - 5463 and 5397 - 5508 respectively. Credit policy was a non-event since RBI unchanged Repo rate and CRR. One notable incident was the low of 5251.55 seen in Mini Nifty April series. Incidentally Mini Nifty low (March series) shown yesterday was 5000 at the opening. Wonder, how such transactions are being taking place. Tomorrow, being Budget day Nifty will be highly volatile and Agni level is at 5497. If Nifty moves down, another Kaprekar number 5328 may be touched.

6 comments:

jonak said...

so there is a high chance that 5251..and 5000 may be touched in the near future

Nandi said...

Dear Jonak,
One more: on 8-3-12 Sgx Nifty low was 5022(10 lots) in June series. So if it is an indication, Nifty may move to 5250 in April and to 5000 in June. Let's see.

jonak said...

and what about that March series opening 5000 ....what do u thnk about that

Nandi said...

Dear Jonak
That may be a confirmation of Sgx Nifty transaction and not intended for this month.

BALA said...

Some time back about the Kap., no some writing was there in the blog. I want to refresh. Will you pl intimate the date .Thanks

Nandi said...

Dear Bala,
See the 5th February, 2012 post. If you search Kaprekar in the blog, that will be available.