NIFTY-SPOT Today(25 Nov 2011) may Trade with Huge Volatility with Positive Note within the Range of 4633-4756.As per NNI-Nifty Next Indicators, which is suggesting that Nifty may Open with Negative Note but there will be a Smart Recovery from its lower level.If Nifty Sustains the level of 4731, then Index will resume a UpTrend.As per Technical Chart, Major momentum indicators are in bearish zone.Nifty has now Strong Support /Resistance at 4680/4731.
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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