Tuesday, May 24, 2011

NIFTY NEXT- Nifty –Spot 5 Mins IEOD Technical Chart Analysis 24 May 2011


Nifty-Spot today (24may2011) ended at 5394.05 with a modest gain of +0.20%.It makes days high at 5422.25 and low at 5368.65 as per our Morning Technical News Letter. Nifty is now looking week on Charts. All Momentum Indicators are also showing weakness on 5 Mins Technical Price Chart. Elder’s Bears are losing Strength to Bears.

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