Nifty-Spot today(22 Dec 2011) will Trade with Negative To Flat/Positive note within the Range of 4666-4706.As per our NNI-Nifty Next Indicator, which gained to +94% Levels, indicates that any Downfall will be smartly Recovered in Today’s Trading sessions. On Daily Price chart, Nifty is showing Strength and has started Bullish Journey.If Nifty-Spot Closes below 4666, then It will again Start a BearishTrend & if Trades above 4706, then Nifty will touch 4727/4748 in next few sessions.
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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