Tuesday, May 10, 2011

NIFTY NEXT-Future Ventures India(FUTUREVENT) 1Min Technical Chart Analysis 10 May 2011.


Future Ventures India ends with 17% discount on the day of Listing at NSE to INR 8.30 with formation of Doji. It slides from its listing price of INR 9.50  and made low of IBR 7.95. FUTUREVENT is now looking weak on 1 Mins price chart. Major Momentum indicators are in bearish zone. Spearman is also trading in  negative zone. It has now strong support at 8.20. If it slide below,  FUTUREVENT will Touch 7.95 on 11 May 2011.

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NIFTY NEXT- TOP 6 INTRADAY STOCKS FOR 10 MAY 2011


STOCKS/SCRIPS™ WWW.NIFTYNEXT.COM
TRENDS
SBI
POSITIVE
ICICIBANK
POSITIVE
HUL
POSITIVE
HINDALCO
POSITIVE
BHARTI AIRTEL
POSITIVE
TATA MOTOR
NEGATIVE





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NIFTY NEXT- Nifty Trading Range for 10 May 2011


Nifty-spot today(10 May 2011) will trade with huge volatility within the range of 5525-5587. As per VS of Nifty Options, 5500 is now Strong support for Nifty and It is eyeing for higher levels of 6000.PCR-Vol is increased by +1.25%, indicates that  Bulls have entered into the Longs at lower levels around 5500. On Technical Chart, major momentum indicators are now coming out of Bearish zone. As per Our NNI-Nifty Next Indicators, which gained by + 150% in last trading session, suggests that Nifty will trade Flattish or Flat to Positive Note on 10 May 2011. Banking Sectors will be Positive on 10 May 2011.
Call NiftyNext # +91-880 2230 836 For Paid Calls or Email at MAIL@NIFTYNEXT.COM Know More About Your Packages For Best Performance in Stocks Markets @ http://bankniftynext.blogspot.com

Disclaimer

The recommendations made herein do not constitute an offer to sell or a solicitation to buy any of the securities mentioned. No representations can be made that the recommendations contained herein will be profitable or that they will not result in losses. Readers using the information contained herein are solely responsible for their actions. Information is obtained from sources deemed to be reliable but is not guaranteed as to accuracy and completeness. The above recommendations are based on the theory of Technical Analysis and do not reflect the fundamental validity of the Scrip. www.niftynext..com does 't take any Responsibility for any losses arising from using the Stocks Recommendations.
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