After 9 days Nifty closed below Agni level on Tuesday, the 23rd April,2013. Nifty close was at 5837 against the Agni level at 5883 indicating the termination of the up trend. Nifty and Nifty futures ranges on 23rd April 13 were 5792 - 5844 and 5796 - 5852 reapectively. As F&O April series ends on next trading day, very high volatality can be expected.
4 comments:
Today again NIFTY closed above AGNI, so how should we see this... one day below and one day above..
Or should we ignore today's day since it was an expiry day?
Regards
Guru
Dear Guru,
Yes, today Nifty closed(5916) above Agni level(5910). Rarely it happens and it has nothing to do with the F&O expiry. It can be said that the Agni level for 23rd April(5883) can be seen within a day or two
Thank You Nandi,
Even I thought of the same..have a great day.
Just for confirmation, that Nandi's pic in your profile is taken at Chamundi Hills, Mysore??
Regards,
Guru
Shir Guru,
Your assumption is correct. It's the famous Nandi at Chamundi Hills, Myssore.
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