Wednesday, July 11, 2012

Nifty closes at 5306, below Agni level

Today(11-7-12)Nifty moved in the narrow range 5300 - 5336 and closed at 5306 (below Agni level)with a loss of 39 points. Nifty futures range was 5313 - 5352. As Infosys, TCS results and IIP data are due for tomorrow Nifty may be highly volatile. Go long only if Nifty moves above tomorrow's Agni level(5315).

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