Thursday, September 2, 2010

NIFTY NEXT- NIFTY EOD 02 SEP 2010 TECHNICALS


Nifty today(02Sep2010) closes at 5471.91 with marginal  gain of +0.3%.It seen today Sell-off from higher Levels .Nifty today formes a Inverted Hammer on Daily price chart and closes below its 20DMA at 5486.15.Our NNI-NIfty Next Indicators is down by -40% and it is at +0.90% with increase in Open-Interest and Decline in Volume, indicates a Flat to Negative Trend for Nifty on next trading session.5500 Call & Put seen huge Open Interest today.
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