Wednesday, December 15, 2010

NIFTY NEXT-Nifty EOD 15 Dec 2010 Technical Analysis


Nifty-Spot today ended with a Decline of -0.90% to 5892.30. It has formed a Black Candle on Daily Price Chart. NNTF-Nifty Next Trend Finder  has come Down from higher levels today on Daily price chart. As per our NNI-Nifty Next Indicators which declined by -81%  is now trading at +1.10%, along with decliine in open interest and Increase in Volume, Suggests a Pit-Fall in the Index. Nifty Tomorrow may see either a Free Fall or Rocket Jump from these levels. Trade with Caution.   

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