Thursday, October 28, 2010

NIFTY NEXT-Nifty EOD 27 Oct 2010 Technical Analysis.


Nifty –Spot T oday ended with a  negative session  with a decline of -1.1% to 6012.65. It has formed a Three Out-Side Down Candle pattern on Daily price chart. All Major Technical Momentum Indicators are in Sell-zone. Schaff Trend Cycle is moving southward direction .Our NNI- Nift yNext  Indicator  today Gained by +92% is now trading at +151%, along with huge increase in Open-Interest and Volume suggest a Gap-up Opening or Gap-Down Fill-Up or A Positive Trading session for Nifty on Tomorrow Trading session.

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