Nifty-Spot Today(20 June 2011) Traded well within Our Pre-Market Opening Range and ended at 5257.90 with a huge fall of -2.0%.It has made a Low of 5195.90 and High of 5377.40.Nifty Has formed a Long Black Candle on Daily Price chart.Major Momentum Indicators are languishing in Bearish Zone. Nifty has now Strong Support at 5070 and Resistance at 5492.38 for the June 2011 Expiry .
Editor’s Note : This Article is written by Vina S Singh, Senior Chartist at www.niftynext.com , which is a Technically Based quant Research Firm, M/S Durgapur Holdings in Durgapur, West Bengal, India that covers all Stocks, trades at NSE. We use Ami Broker Charting Software. You can reach the Chartist here mail@niftynext.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.