Friday, August 20, 2010

NIFTY NEXT- Nifty Eod 20 Aug 2010 Technical Analysis



Nifty Today (20Aug2010) closes at 5530.65, down by -0.2%. Nifty is Still Trading above its 20DMA 5443.Our NNI-NiftyNext Indicator turns postive today and it is @ +8.90% increased by almost +24%.NNI is indicating a Postive Opening for Nifty On the Very Next Trading session.NNI is  increased with decline in Open –Interest & volume which is major concern for Nifty.Nifty Next Trend Finder is Gradually Increasing and it support for Upward move for the Nifty In coming days.5600Call and  5500Put seen huge Interest Today.

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