Friday, February 18, 2011

Daily Nifty chart with analysis

daily Nifty chart  is showing that last Nifty candle is bearish engulfing candle ..covered gap created by last three candles...and closed below 20 dma..nifty fell wid oi reduction in Feb  

Fri-18/02/20115566.25589.05436.15453.65634,02324,923,950-1,072,800272682.55458.95
and oi addition in Mar contracts ..Indicating  for bearish sentiment ..increased volume was due to rolling over of positions...


Fri-18/02/20115582.05607.955460.05476.094,0875,818,1501,982,000273800.05458.95


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