Thursday, March 3, 2011

NIFTY NEXT- Nifty EOD Hourly Charts Technical Analysis 03 March 2011

Nifty-Spot today ended at 5537.07 with  14.75 gains( +0.27%) with formation of White Candle on Daily Price Chart. It has closed above its 5 DMA of 5481 on 03Mar2011.VIX has increased to 22.96%. All Major Momentum indicators are now showing  strength on daily price charts. 5620 is next upper side Target for Nifty-Spot.

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