Nifty Today(27 Sep2010) closes at 6035.65 with a gain of +0.30% and hits high of 6073.It has formed a Three Outside Up Pattern Candle on Daily Price chart .Major Momentum Indicators ie PPE is still positive .The major concern is UCI("Universal Cycly Index") , which has given Negative Cross-Over and Suggests a Trend reversal in Near Future. MACD has already given that negative signal .Our Nifty Next Trend Finder is at 100/98.40, with little space for Upward move from here.VIX is now at 22.36.As per Our NNI-Nifty Next Indicators ,which turns positive by +125% & it is at +37% along with Decline in Open Interest and Increase in Volume, suggests a Positive Trading session for Nifty on very Next Day.6100Put & Call was traded with huge volumes today. Our short Term Levels for Nifty is 6077>6132.
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