Thursday, May 13, 2010

NIFTY NEXT: NIFTY 5 MINS EOD TECHNICAL ANALYSIS (13 MAY 2010 )

NIFTY TODAY(13MAY 2010) CLOSES @ 5178.90.THE COST-OF-CARRY WAS -0.30% INCREASED BY 87.60% WITH DECLINE IN OPEN INTEREST BY -2.23% AND VOLUME BY -26.67%.  5200 CALL & PUT HAS SEEN HUGE INCREASE IN OPEN-INTEREST, INDICATING THE NEXT RESISTANCE @ 5200. WE ARE BULLISH FOR INDIAN INDEX WITH STOP-LOSS @ 5172. BHARTI AIRTEL MAY SEE SOME BUYING INTEREST WHILE JSW STELL MAY SLIDE MORE IN COMING DAYS.
CALL NIFTYNEXT# 880 2230 836 FOR PAID CALLS.

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