NIFTY NEXT- NIFTY EOD 15 March 2011 Technical Analysis & OutLook for 16 March 2011

Nifty –Spot today traded with negative bias & smartly recovers from its lower levels as per our Analysis and ended with a fall of -1.5% to the level of 5449.65, making low at5373.65 and high at 5498.85.It has formed a White Spinning Candle on Daily price charts.On Technical charts, major momentum indicators, W%R,Spearman & Swing 350 are in Negative mode.As per VS of Nifty Options, 5400 will act as a Strong Support on 16 March 2011,while 6000 as Strong Resistance in mid-term. VIX has increased huge by +14.30% to 26.63.As per our NNI-Nifty Next Indicators, which declined by huge -110% in today’s Trading session, is now Trading in negative Zone, along with  huge increase in Trader’s Hope and Volume, suggest that Nifty will Trade with Negative Bias on tomorrow 16 March 2011. Reliance & Rel Capital will be negative on 16 March 2011.

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FII Data Updates for 15 March 2011

(Rs. in Crores)

Reporting Date Equity Debt Gross Purchases Gross Sales Net Invest. Gross Purchases Gross Sales Net Invest. 15/03/2011 1926.70 1419.60 507.10 493.80 401.50 92.30 14/03/2011 1626.00 1842.30 -216.30 1391.40 435.80 955.60 11/03/2011 1651.80 1688.90 -37.10 1040.90 585.50 455.40 10/03/2011 1856.90 1650.30 206.60 383.60 1061.00 -677.40 09/03/2011 2276.10 1908.60 367.50 741.80 254.10 487.70 08/03/2011 1892.30 1889.60 2.70 787.30 1055.50 -268.20 07/03/2011 2695.00 2069.40 625.60 1165.30 705.40 459.90 04/03/2011 3464.70 3183.90 280.80 1765.30 593.80 1171.50 03/03/2011 2906.30 2439.30 467.00 2413.20 669.20 1744.00 Call NiftyNext # +91-880 2230 836 For Paid Calls or Email at MAIL@NIFTYNEXT.COM Know More About Your Packages For Best Performance in Stocks Markets @ http://bankniftynext.blogspot.com

NIFTY NEXT- NIFTY 1 Mins EOD Technical Charts Technical Analysis 15 March 2011

Nifty-Spot today ended at 5449.65 with formation of Bullish Three Out Side Up Candle on Daily price chart. It has Recovered well from its lower level  of 5373 to make day’s high of 5497.85 as per our Analysis, where we Told that Nifty  will Be positive or may bounch back from its lower levels. VIX has increased by +12.40 to the level of 26.19, while NNI turns negative  o -1.70%.RIL was the Gainer on 15 March 2011.

Call NiftyNext # +91-880 2230 836 For Paid Calls or Email at MAIL@NIFTYNEXT.COM Know More About Your Packages For Best Performance in Stocks Markets @ http://bankniftynext.blogspot.com