Analysed Of NSENIFTY And Banknifty.

Analysed Of NSENIFTY And Banknifty As Of 21/08/2014

   NSENIFTY closed up  15.800 at 7,891.100.  Volume was 28% below average (neutral) and Bollinger Bands were 21% narrower than normal.

Open                  High           Low               Close                 Volume___
7,875.350     7,919.650      7,855.950      7,891.100      115,221,672


















Technical Outlook 
Short Term:                     Overbought
Intermediate Term:           Bullish
Long Term:                      Bullish

Moving Averages:      10-period            50-period             200-period
Close:                         7,764.02            7,661.69                6,775.69
Volatility:                          13                       16                          16
Volume:                   112,568,904        139,147,184         161,941,232



   NSENIFTY is currently 16.5% above its 200-period moving average and is in an upward trend.  Volatility is relatively normal as compared to the average volatility over the last 10 periods.  Our volume indicators reflect volume flowing into and out of NSENIFTY at a relatively equal pace (neutral).  Our trend forecasting oscillators are currently bullish on NSENIFTY and have had this outlook for the last 6 periods.     

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   BANKNIFTY closed up 180.500 at 15,662.200.  Volume was 4% above average (neutral) and Bollinger Bands were 28% narrower than normal. 

Open                High                 Low              Close                Volume___
15,475.500     15,721.950     15,462.500     15,662.200      34,520,564
















Technical Outlook 
Short Term:                                  Overbought
Intermediate Term:                        Bullish
Long Term:                                   Bullish

Moving Averages:      10-period           50-period             200-period
Close:                        15,176.50              15,196.22                 12,797.37
Volatility:                         21                           24                            28
Volume:                   22,931,892             28,025,720             33,322,550


   BANKNIFTY is currently 22.4% above its 200-period moving average and is in an upward trend.  Volatility is relatively normal as compared to the average volatility over the last 10 periods.  Our volume indicators reflect volume flowing into and out of BANKNIFTY at a relatively equal pace (neutral).  Our trend forecasting oscillators are currently bullish on BANKNIFTY and have had this outlook for the last 1 periods.     


Analysed Of NSENIFTY And Banknifty. Analysed Of NSENIFTY And Banknifty. Reviewed by Money99 on 07:30:00 Rating: 5

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