Monday, May 21, 2012

NIFTY NEXT- Nifty Trading Range for 21 May 2012


Nifty-Spot today(21 May 2012) will Trade with Negative to Flat or Positive note within the Range of 4868-4923. As per Our NNI-Nifty Next Indicators, which has gained in Last Trading Sessions also suggests the Same Trading Pattern for Nifty .  On Technical Price Chart, Nifty is at at very crucial  Stage. Few Momentum Indicators has given Positive Signal for Index.  If Nifty-Spot Trades/Closes above 4937, then the Bulls will have Upper Hand and if it Closes  below 4832, then We may See Steep Fall In Index in coming 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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