Nifty-Spot today(11 May 2012) will Trade with Negative Note with in the Range of 4893-4965.As per Our NNI-Nifty Next Indicators, which has declined in last trading sessions also suggests the same.On Technical Price Chart, Major Momentum Indicators are still in Bearish Zone. IT & Banking Stocks will be picks of the Days.
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 Ami Broker Charting Software ( V-5.51 ) ,Pattern Explorer & Ami Tool-Power Scan.
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