Monday, January 31, 2011


Nifty-spot today ended at 5509.35 after recovering from day’s low of 5416, down by -0.3%. It finds support to our level 5400.Nifty has formed a Long White Candle on Hourly Charts. Major Momentum Indicators are positive on charts. As per Volatility Skew of Nifty Options,  it  has started rising for Calls & Falling for Puts. As per NNI-Nifty Next Indicators which declined by -1.70% today , is trading at +5.0% along with increase in volume , suggest a Positive Trading session for Nifty on 01 Feb 2011. 

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