Tuesday, December 7, 2010

NIFTY NEXT- Nifty EOD 07 Dec 2010 Technical Analysis

Nifty-Spot today ended at 5976.55 with a modest fall of -0.30% .It has formed a Hammer Candle Pattern on Daily price chart. Fisher Indicator is positive while MACD has given  negative cross-over on daily price Chart. As per our NNI-Nifty Next Indicator which gained Handsome by  +265.0% is now trading at +8.75 level, along with increase in volume and Decline in Open-Interest, suggest a Positive Trading Session for Indian Index on Tomorrow(08Dec2010). 

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