Indian markets pulled off from the day's low and recovered substantially despite closing in the red on mixed global cues. The Sensex trimmed losses to close down 74 points while Nifty ended the day 16 points down from yesterday's close. The Sensex closed at 16,445 while Nifty ended the day at 4,931.
Read more at: http://beta.profit.ndtv.com/news/show/sensex-ends-lower-amid-volatile-session-metals-realty-slide-51948?u=1614&cp
Expected Nifty range for next Week
<<<4943>>><<<5359>>> at
and opening price was 5093.90 high 5105.20 Low 4842.30 and close was 4931.15 just below 11.85 points of our prediction ....
see I announced this at 9.02 AM
dhanvarshagrp (5/21/2010 9:01:58 AM): mkt will recover from here with high volatility
and mkt behaved in the same way ..
The market remained volatile and could make no decisive move. The Sensex hit an intraday low of 16,187 while Nifty touched a low of 4,842 at one point. The Nifty closed below its 200 day moving average (DMA) for the second consecutive day today.
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