Wednesday, February 23, 2011

NIFTY NEXT- Nifty EOD 23 Feb 2011 Technical Analysis


Nifty-Spot   today ended below our Support   level  of 5459 to 5437.35 with a fall of -0.6%. It has formed a Three Inside  Down Candle pattern   on daily price chart.  Avg VI of Calls are rising  compare to Puts. As per Volatility Skew of Nifty Options, 5400 Puts & 5900 Calls are gaining Strength, indicates the nearest trading Range for Nifty. Technically, Nifty has given signals of weakness , as MACD & Spearman has started slowing down on daily price chart. As per our NNI-Nifty Next Indicators, which declined by -380% is now trading at -11%, along with decline in Volume, suggest that Nifty may tomorrow 24Feb 2011 Bounch-Back to higher levels from 5400.

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.

Disclaimer

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.M/S Durgapur Holdings & www.niftynext..com does 't take any Responsibility for any losses arising from using the Stocks Recommendations.
We(M/S Durgapur Holdings & WWW.NIFTYNEXT.COM) are not Registered with Any Regulatory Body in India ie SEBI,NSE,BSE,AMFI or Any Otheres.


Read Earler Posts Here !

Acknowledgments

1. Ami Broker (www.amibroker.com) 2.I Charts (www.icharts.in) 3.Any Others Chart Service Providers 4.www.way2sms.com (SMS Service Provider) 5. HDFC Bank ( www.hdfcbank.com) 6. Fellow Yahoo Messenger ! Market Watch Room We are really thankfull to the Above for their Great Supports for making this Blog available to the Indian Traders.
Powered by 123ContactForm