Nifty-Spot today(19 June 2012) will Trade with Flat to Negative Note within the Range of 5076-5009. As per Our NNI-Nifty Next Indicator, which has Declined in Last Trading Sessions also Suggests the Same BearishNess for Nifty. On Technical Price Chart, Nifty has formed a Bearish Engulfing Pattern. Major Momentum Indicators are showing Weakness. Nifty-Spot May Touch 4700 in Short Term.
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