Friday, May 6, 2011

NIFTY NEXT- MUTHOOTFIN 5 mins Technical Chart Analysis 06 May 2011


MUTHOOTFIN listed today(06 may 2011) on NSE and Traded within the Range of 161.50-198 with slide from its higher levels on listing Day & closes at 175.90 with gain of +1.9%. It has formed a Doji on 5 Mins Price Chart. Major momentum indicators are now showing strength. Spearman is moving upward. Swing  is also positive. It has now Strong Resistance at 183.

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