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
and oi addition in Mar contracts ..Indicating for bearish sentiment ..increased volume was due to rolling over of positions...
Fri-18/02/2011 | 5566.2 | 5589.0 | 5436.1 | 5453.65 | 634,023 | 24,923,950 | -1,072,800 | 272682.5 | 5458.95 |
Fri-18/02/2011 | 5582.0 | 5607.95 | 5460.0 | 5476.0 | 94,087 | 5,818,150 | 1,982,000 | 273800.0 | 5458.95 |