Monday, November 21, 2011

NIFTY NEXT- Nifty Trading Range for 21 Nov 2011


Nifty will Trade Firm on 21 Nov 2011.As per our NNI-Nifty Next Indicators, it is suggesting that Nifty has started gaining Strength at lower levels and there  will a Positive Bounch-Back from its lower levels on 21 Nov 2011, bucking the Negative sentiments in World Equity Market Today(21Nov2011).As per Technical Price Chart, Major momentum indicators are also gaining momentum slowly. Nifty-Fut has now String Support level at 4855 and Resistance at 4912. Closing above 4912/7 will mark the start of a Journey for 5600 for Mid-Term by Jan 2012.
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-5.46)  & AmiTool-PowerScan.

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