Tuesday, July 19, 2011

NIFTY NEXT- Nifty Trading Range for 19 July 2011


Nifty-Spot today (19 July 2011) may Trade with Huge volatility with Negative Bias as per its global peers sentiments within the Range of 5525-5573. On Technical Chart, major momentum indicators are looking overbought. As per Our NNI-Nifty Next Indicator, which gained by +27% along with fall in Volume and PCR-Volume, suggests that Nifty will Find hard to sustain at its higher levels and may see SELLING at these points. Closing above 5563 will be favourable for Bulls.
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. You can reach the Chartist here mail@niftynext.com . We are Using AmiBroker Charting Software(V-5.40), Pattern Explorer & AmiTool-PowerScan.
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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