Friday, June 10, 2011

NIFTY NEXT- Nifty EOD 10 June 2011 Technical Analysis & OutLook For 13 June 2011


Nifty-Spot today (10 June 2011) ended at 5484.15 with a fall of -0.60% with formation of a Black Candle on daily price Chart.VIX has declined by – 0.22% to the level of 18.54 along with Fall in PCR-Vol  by – 9.68%. On Technical Price Chart, major momentum indicators are showing Bearishness .TTF High-Low, Buyer-Seller Force & PZO indicators are trading in favour of Bears. As per Our NNI=-Nifty Next Indicators which increased by + 8.23% to the level of -0.55% along with Huge Volume , suggests that Nifty will Trade Flat Note on 13 June 2011.
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