Nifty Next: NIFTY NEXT- NIFTY EOD TECHNICAL ANALYSIS 31AUG 2010

Tuesday, August 31, 2010

NIFTY NEXT- NIFTY EOD TECHNICAL ANALYSIS 31AUG 2010

Nifty today(31Aug 2010) Closes at 5402.40 down by -0.2% with a handsome recovery from its lower levelof 5348.90.It has formed a Hammer in Daily price chart.PPE and Schaff Trend Cycle is also in Negative zone.Our NNI-Nifty Next Indicators is at 0.30% and it is down by -90%, with increase in Open Interest and Volume.indicates a Flat Opening for NIfty on next trading sessions.5300Call/Put traded with heavy volumes today.
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