Thursday, April 19, 2012

Closing value and direction differs from yesterday


Today's(19-4-12)opening, high, low is almost same as yesterday - opening(5320.70 &
5320.60), high(5342.00 & 5342.45), low(5293.45 & 5291.30). Nifty futures high and low is also same - high(5364 & 5366), low(5312 & 5313). Since market moved up in the last half an hour Nifty closed at 5332 with a gain of 32 points. Tomorrow's Agni level is close to the Nifty closing ie. at 5330. Be ready to go short when Nifty slips to red.

3 comments:

jonak said...

i think yesterday we saw another freak trade for June contracts at 5450...i think we should be keeping a close watch on these levels....my guess is more signals to come...

Nandi said...

Dear Jonak,
Didn't notice it. Where was that happened?
Today an unbelievable thing happened. Usually freak trades are being performed in low volume future months SGX or Mini Nifty series.But today Nifty future low itself was 5000. That means all buy orders up to 5000 in Nifty futures have got it at 2.30 p.m. A massive range of around 350 points. Never imagined that such a thing could happen. Strongly feel that NSE should make a n inquiry on it.

jonak said...

yes everyone was saying that NF made low of 5000.....but the other surprising thing was that forex pros and icharts have shown a low of 5248 only ...PUt values also did not travel that much as should have ...one guy bought 5100 PE at 14...it went only till 16....it might only be a technical glitch ...or it may be something larger