Monday, November 22, 2010

NIFTY NEXT-NIFTY 22 NOV 2010 EOD Technicals


Nifty-Spot today ended with a Handsome gain of +2.0% at 6010.It has formed a Bullish Harami Candle on Daily Price Chart.VIX is also down by -7.7% to the level of 19.90. MACD has turned Green (BUY mood), while Centre of Gravity and other Indicators are yet ti give Positive signals .As per NNI-Nifty Next Indicators which is O(Zero) today gained by +100.0% along with  marginal increase in Open-Interest and Decline in Volume, wants  to wait for clear Indication till tomorrow. If nifty holds the Level 6009 tomorrow then we may see the Index at 6261/6513 shortly. 

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