Thursday, August 19, 2010

NIFTY NEXT- NIFTY EOD TECHNICAL ANALYSIS 19 AUG 2010



Nifty Today closes at 5540.20 with handsome gain of over +1.10%.It is above its MA20/50/200. Our NNI- NiftyNext Indicators Turns Negative today and it at -11.80% , down by almost -460% ,with increase in Open-Interest and Volume in Future & Options Segments.It indicates a Negative Trading session for Nifty on the very next day.The overall UPTREND is still intact as there is Flat Movments in VIX and VIX is at down Level  band @ 16.53%.

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