Monday, June 20, 2011

NIFTY NEXT- Nifty EOD 20 June 2011 Technical Analysis & OutLook For 21 June 2011



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 .
 Call NiftyNext # +91 880 2230 836 For Paid Calls or Email at MAIL@NIFTYNEXT.COM Know More About Your Packages For Best Performance in Stocks Markets @ http://bankniftynext.blogspot.com

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