Today(2-5-13) After moving in the range 5911 - 6019 Nifty closed at 5999 with a gain of 69 points. Nifty futures range was 5930 - 6025, having a difference of 95 points. Nifty daily average was 5965 against the anticipation of 5952. Tomorrow being RBI credit policy day Nifty may swing violently. It is to be seen whether Nifty moves to 6080 - 6154 range. At today's closing RSI is 84.76 (refer chartinkt chart - last link). Stock Market Dynamics referred in the post dated 12th April 2013 may come in to play in coming days as RSI moves above 85. Tomorrow's Agni level is at 5979.
No comments:
Post a Comment