Monday, October 18, 2010

NIFTY NEXT-Nifty EOD 18 Oct 2010 Technical Analysis (Bullish On 19 Oct 2010)


Nifty-Spot today closed at 6075.95 with a marginal gain of -0.20% after Hitting day’s low at 5985.10.Nifty Has Bounch - Back as per Our technical analysis. Nifty has formed a Hammer   pattern on daily price chart. The  Major Momentum Indicators are still in  negative zone .The Short-term Trading Indicator is moving south-ward  indicating a great buying opportunity at lower levels at lower RSI value. Our NNTF-Nifty Next Trend Finder has started moving Upward.  A bullish sing for Traders. The Major Technical Indicators NNI- Nifty Next Indicators today gains by +105.0% and it is trading at +28.0% along with huge Open-interest and Volume, suggest a Positive Trading Session on 19 Oct 2010 and Possible a Gap-Up Opening in next Trading session.6400 Call is traded with huge interest. Nifty has now strong Resistance at 6104 for tomorrow. We Revised our Next Nifty Target Upward at 6298.
Call NiftyNext # 880 2230 836 For Paid Calls. Know More About Your Packages For Best Performance in Stocks Markets @ http://bankniftynext.blogspot.com

No comments:

Post a Comment

Thanks for Your Valuable comments. It will make Us to Serve You in Better Way. For Any STOCKS Query ,Please Call NiftyNext +91 880 2230 836.

Subscribe to: Post Comments (Atom)

Disclaimer

The recommendations made herein do not constitute an offer to sell or a solicitation to buy any of the securities mentioned. No representations can be made that the recommendations contained herein will be profitable or that they will not result in losses. Readers using the information contained herein are solely responsible for their actions. Information is obtained from sources deemed to be reliable but is not guaranteed as to accuracy and completeness. The above recommendations are based on the theory of Technical Analysis and do not reflect the fundamental validity of the Scrip. www.niftynext..com does 't take any Responsibility for any losses arising from using the Stocks Recommendations.
We( WWW.NIFTYNEXT.COM) are not Registered with Any Regulatory Body in India ie SEBI,NSE,BSE,AMFI or Any Otheres.

Blog Archive