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Nifty Update on 12-07-2010

Tags: nifty
This week new BULL RUN of Indian stock market can be expected for short term investors..
Nifty Daily Chart
Tomorrow may be the day of taking new positions if Nifty closes above 5367. 
FII are started taking new long positions.
Major change in Nifty 5300 put writing and 5500 long call position of July series.
Indian Vix Chart
VIX has also broken the barrier 20.76.


Nifty change in volume (%) : 1 day = 0.57, 5 days = 2.81, 21 days = 5.15.
Again I want to remind you, Long position should be taken if Nifty stays above 5367, otherwise position should be closed.

Best of Luck


This post first appeared on Market Hypothesis, please read the originial post: here

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Nifty Update on 12-07-2010

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