NIFTY NEXT- Nifty EOD 26 April 2011 Technical Analysis & OutLook For27 April 2011

Nifty-Spot today(26 April2011) traded well as per our Technical Analysis and recover sharply from its low of 5791.55 and ended flat at 5868.40 with formation of a Hammer on Daily Price chart. It has formed a  Bullish Butterfly pattern on Hourly Chart when it was trading at Day’s Low. VS of Nifty Options, indicating a 6300/6400 is likely to touch by July 2011.PCR-Vol has declined by – 10.28% to 0.96 level. VIX has increased to 21.71. On Technical Charts, Nifty is now showing Strength. Major Momentum Indicators are gaining strength. A Hammer has formed on Daily Price chart. As per our NNI-Nifty Next Indicator which gained huge on 26 April 2011 by +59%, suggests that Nifty will be Positive on 27 April 2011. Bank & Reliance Group Stocks will perform well on 27 April 2011.

Call NiftyNext # +91-880 2230 836 For Paid Calls or Email at MAIL@NIFTYNEXT.COM Know More About Your Packages For Best Performance in Stocks Markets @ http://bankniftynext.blogspot.com

FII Data Updates For 26 April 2011

(Rs. in Crores)

Reporting Date Equity Debt Gross Purchases Gross Sales Net Invest. Gross Purchases Gross Sales Net Invest. 26/04/2011 1563.60 2834.00 -1270.40 1055.70 395.80 659.90 25/04/2011 2841.80 2219.40 622.40 1355.70 649.80 705.90 21/04/2011 2543.70 2080.80 462.90 1259.10 1074.40 184.70 20/04/2011 3917.60 1853.60 2064.00 837.40 1978.90 -1141.50 19/04/2011 2550.90 3341.50 -790.60 2196.00 1858.70 337.30 18/04/2011 3436.40 3252.00 184.40 1655.90 1310.90 345.00 15/04/2011 3313.50 3110.30 203.20 2102.30 1585.50 516.80 13/04/2011 2021.50 2496.10 -474.60 1872.70 870.20 1002.50 11/04/2011 2682.80 2326.00 356.80 2396.90 683.20 1713.70 08/04/2011 2687.90 2304.60 383.30 1734.00 2604.30 -870.30 07/04/2011 2983.70 2267.50 716.20 826.20 2950.90 -2124.70 06/04/2011 4917.90 3355.10 1562.80 1334.20 1033.30 300.90 05/04/2011 9929.90 5842.60 4087.30 295.20 541.90 -246.70 Call NiftyNext # +91-880 2230 836 For Paid Calls or Email at MAIL@NIFTYNEXT.COM Know More About Your Packages For Best Performance in Stocks Markets @ http://bankniftynext.blogspot.com

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