Premarket View - 25.11.2010

Option reading index is positive  0.36 which is down from last trading day figure of 1.65 indicating selling pressure at higher levels. The figure is within the normal zone and hence expected volatility is within 1 Std Deviation.

Bearish crossover of clouds in standard param ichimoku nifty chart - an indication of start of medium term downtrend...??
Bearish crossover of TS, KS from above and Oscillators in neutral mode
Short term ichimoku indicates the uptrend is getting truncated with range bound movement in the band of 5800 to 6000.
Trade with Caution