Wednesday, November 24, 2010

NIFTY NEXT- INDIA VIX @ 24.68 on 24 Nov 2010

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NIFTY NEXT- TOP 6 Intraday Picks For 25 Nov 2010

STOCKS/SCRIPS™ WWWW.NIFTYNEXT.COM
TRENDS
POWER GRID

LIC HSG FIN

SBI

TATA MOTOR

RELAICNE

TATA STEEL






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NIFTY NEXT- NIFTY EOD 24 Nov 2010 Technical Analysis

Nifty –Spot  today ended at 5865.75 with a decline of -1.20%. It was almost Positive for the First Half of Trading sessions and Starts Falling in 2nd Half with LIC HSG Fin Scam news. Nifty has formed a Three Inside Down Pattern Candle on Daily Price Chart. Major  Momentum indicators MACD is green now. Centre of Gravity has Given Positive Cross-Over on Daily Price Chart. As per NNI-Nifty Next Indicator  which gaines  by +132.0% is now trading at +47.0%, along with  increase in  Open-Interest and Decline in Volume, suggest a Positive Trading session or Bounch-Back From Lower Levels. IF nifty-Spot hold 5895, then Good for Bulls  tomorrow.
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