Wednesday, March 23, 2011

NIFTY NEXT-NIFTY EOD 23 March 2011 Technical Analysis & OutLook for 24 March 2011


Nifty-Spot today ended at 5480.25 with a gain of +1.2%, as per our Morning Note that It might Find Support at 5400.It closes near to its high at 5484.95 with formation of a Long White Candle on Daily Price Chart. As per VS of Nifty Options, Nifty can now Trade between 5500-6000 in next 2 months. Technically, Nifty has given Positive Signals on daily price chart. Swing, Spearman, Fractal Dimension & CCI  has  given Positive Cross-over on Daily Price Chart. PIR Daily is now Trading above PIR Weekly, a Strong Bullish Singal for Nifty. As per our NNI-Nifty Next Indicator, which gained by +9.50% along with  modest fall in Trader’s Hope, suggests  that Nifty will Trade with Positive Bias on 24 March 2011.Nifty has now strong Resistance at  5537.30. Reliance will be the best buy for Intraday  on 24 March 2011.

Call NiftyNext # +91-880 2230 836 For Paid Calls or Email at MAIL@NIFTYNEXT.COM 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