Sunday, November 21, 2010

Nifty @ 14000 and Sensex @ 40000 by 2020

A Must Read for Long-Term Investor in Indian Stocks Market @ http://howtotradeinequity.blogspot.com/2010/11/nifty-14000-and-sensex-40000-by-2020.html
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Friday, November 19, 2010

SGX -CNX NIFTY @ Premium

SGX-CNX NIFTY INDEX FUTURE COMPOSITE Dec 2010 Series is Now Trading at +230.
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NIFTY NEXT-NIFTY EOD 19 NOV2010 Technicals


Nifty-Spot today(19 Nov 2010) ended at 5890.30 with a Huge Decline of -1.8%. It has Formed a Long Black Candle on Daily Price Chart. All Major Momentum Indicaters are in SELL Zone on Charts. NNFT,ECO &  Schaff Trend Cycle are moving Down. Centre of Gravity has Today Broken a Important Support Line on Daily Price Chart for 5701.As Per NNI-Nifty Next Indicators which declines by -100% today is now trading at -0.15% , along with Increase in Open-Interest and Decline in Volume.NNI suggests a More Downslide in Coming days. This is after a Long Time NNI has Tunred  Negative. As per NNI analysis, Nifty Has Strong Supports at 5860/5701. 

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