NIFTY F. :- 9880.00
NIFTY-F closed up 1.000 at 9,880.000. Volume was 294% above average (trending) and Bollinger Bands were 27% narrower than normal on one hour chart.
Short Term: Overbought
Intermediate Term: Bullish
Long Term: Bearish
NIFTY-F is currently 0.6% below its 200-period moving average and is in an upward trend on one hour chart. Volatility is extremely low when compared to the average volatility. There is a good possibility that there will be an increase in volatility along with sharp price fluctuations in the near future. Our volume indicators reflect moderate flows of volume into NIFTY-F (mildly bullish). Our trend forecasting oscillators are currently bullish on NIFTY-F.
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