Tuesday, August 17, 2010

NIFTYNEXT- NIFTY EOD 17 AUG 2010 TECHNICAL ANALYSIS


Nifty Today (17Aug2010) closes at5414 down by -0.10% and below its 20DMA level of 5430.Our NiftyNext Indicator(NNI) is today up by almost +1500%, indicating a strong Bullishness  In Nifty for Next Trading session. Our NNI is at present +8.0%. NNI increased with increase in Open Interest and Decline in Volume(which is a major concern) in F&O segments. 5500 call & 5400Put has seen heavy  trading volume today. NIfty Next is Bullish  for Tomorrow Nifty Trading(18Aug2010).
Call NiftyNext # 880 2230 836 For Paid Calls. Know More about Your Packages For Best Performance in Stocks Markets @ http://bankniftynext.blogspot.com

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