Friday, December 24, 2010

NIFTY NEXT-Nifty EOD 23 Dec 2010 Technical Analysis

Nifty-Spot today ended with flat note at 5980 with  a decline of -0.1% as per Our predictions. It has formed a Long Black Candle on Daily price chart. Our Nifty Next Price Forecaster has started Showing some Weakness on Daily Price Chart. Though   All  major Technical Indicators are Still In Bull-Zone. As Per Our NNI-Nifty Next Indicators which Increased by +22.0% in today’s Trade is now at +14.0, along with increase in Open-Interest and decline in Volume, suggest a Trendless Trading Session in coming days with base Formation of Higher Levels.6100CE,6300CE,5900Pe & 6000PE has seen huge Trading Activity Today.

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