Thursday, September 16, 2010

NIFTY NEXT- Nifty EOD 16 Sep 2010 Technicals

Nifty Today(16 Sep 2010) closes at 5828.70 by a decline of -0.60% withformation of a Black Candle on Daily Price Chart. Momentum Indicators ie ECO, PPE &  CMI are psotive. Long to Mid-Term  Market Cycle Indicator Schaff Trend Cycle is also in Uptrend.Our Nifty Next Trend Finder is still in positive zone. Major Concern  is that MACD & Stochastic has given Negative Crossover on Daily Price Charts. Our  NNI- Nifty Next Indicators today turns positive by a hefty gain of over +1800% and NNI is now at + 6.0% along with increase in Open Interest & Volume., indicates a Postive Trading session on Next Trading Day.6100 Call & 5900 Put also seen huge trading Activity
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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