Nifty-Spot today(19 Nov 2010) ended at 5890.30 with a Huge Decline of -1.8%. It has Formed a Long Black Candle on Daily Price Chart. All Major Momentum Indicaters are in SELL Zone on Charts. NNFT,ECO & Schaff Trend Cycle are moving Down. Centre of Gravity has Today Broken a Important Support Line on Daily Price Chart for 5701.As Per NNI-Nifty Next Indicators which declines by -100% today is now trading at -0.15% , along with Increase in Open-Interest and Decline in Volume.NNI suggests a More Downslide in Coming days. This is after a Long Time NNI has Tunred Negative. As per NNI analysis, Nifty Has Strong Supports at 5860/5701.
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