Tuesday, May 10, 2011

NIFTY NEXT-Future Ventures India(FUTUREVENT) 1Min Technical Chart Analysis 10 May 2011.


Future Ventures India ends with 17% discount on the day of Listing at NSE to INR 8.30 with formation of Doji. It slides from its listing price of INR 9.50  and made low of IBR 7.95. FUTUREVENT is now looking weak on 1 Mins price chart. Major Momentum indicators are in bearish zone. Spearman is also trading in  negative zone. It has now strong support at 8.20. If it slide below,  FUTUREVENT will Touch 7.95 on 11 May 2011.

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