Tuesday, February 22, 2011

NIFTY NEXT- Nifty EOD 22 Feb 2011 Technical Analysis

Nifty-Spot Today  traded within our range of 5438-5472 and ended at 5469.20 with  a decline of -0.9% with formation of Bearish Harami Candle on Daily price chart. It finds support at our lower level 5438.Avg. VI for calls are increased compare to Puts. VIX has increased to 26.85 by +7.8% today. As per Volatility Skew of Nifty Options , 5400 will act as a Strong Support & 5900 as resistance .Technically Nifty is in Up Trend now. As per our NNI-Nifty Next Indicator which declined by -82% is now at +3.9 % along with increase in volume, suggest a Negative Trading session on Tomorrow 23Feb 2012. 5459 will be crucial level for Nifty Index on 23 Feb 2012.

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

No comments:

Post a Comment

Thanks for Your Valuable comments. It will make Us to Serve You in Better Way. For Any STOCKS Query ,Please Call NiftyNext +91 880 2230 836.


The recommendations made herein do not constitute an offer to sell or a solicitation to buy any of the securities mentioned. No representations can be made that the recommendations contained herein will be profitable or that they will not result in losses. Readers using the information contained herein are solely responsible for their actions. Information is obtained from sources deemed to be reliable but is not guaranteed as to accuracy and completeness. The above recommendations are based on the theory of Technical Analysis and do not reflect the fundamental validity of the Scrip. www.niftynext..com does 't take any Responsibility for any losses arising from using the Stocks Recommendations.
We( WWW.NIFTYNEXT.COM) are not Registered with Any Regulatory Body in India ie SEBI,NSE,BSE,AMFI or Any Otheres.

Blog Archive