NIFTY-SPOT today (23 Nov2011) will Trade with Negative Note as in Line with Global Indices. As per our NNI-Nifty Next Indicators, which suggests that Huge Negative Buildup has formed in FNO segments. Nifty has now strong support at 4762 and Resistance at 4818.If Nifty Breakes 4762 then we may see the 4744 today.
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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