Tuesday, May 15, 2012

NIFTY NEXT- Nifty Trading Range for 15 May 2012


Nifty-Spot today(15 May2012) will Trade with Negative Note within the Range of 4852-4895. Our NNI-Nifty Next Indicator has declined in last trading sessions, indicating a Bearish Trading Session on 15 May 2012. As per Technical Price Chart, Nifty is looking Bearish. Major Momentum Indicator are bearish in nature.The Above levels are very Crucial in nature. If Nifty-Spot Closes below 4848.98, then Nifty will Move in Mid-Term Bearish Zone and May find Support around 4741.32. Avoid Long Now 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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