NIFTY NEXT- Dow Jones Industrial Average Technical Price Chart & OutLook For 14 Oct 2011

Dow Jones Industrial Average on 13 Oct 2011 ended at 11478.13 with a fall of -40.72 points (-0.357%) WITH FORMATION OF A BEARISH HAMMER on Daily Price Chart. Major Momentum Indicators are showing weakness in Daily price chart. Dow Jones Industrial Average has now strong support at 11328 and Resistance at 11518. If it Breaks the level of 11328, then 10800 is expected in 7-10  Days of Trading sessions.

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. We use Ami Broker Charting Software with pattern Explorer. You can reach the Chartist here mail@niftynext.com .

Call NiftyNext # +91 80171 98633 Or SMS NiftyNext @ 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

NIFTY NEXT- Indian Rupee( USDINR ) View for 14 Oct 2011 $ Technical Price Chart

Indian Rupee ended at 48.91 against US Dollar on 13 Oct 2011.On Daily price chart INR is gaining Strength against US Dollar and may slide Further in coming Days. INR  is now having Strong Support at 48.2503 and Resistance at 49.7299, as Daily Price Chart.  

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. We use Ami Broker Charting Software with pattern Explorer. You can reach the Chartist here mail@niftynext.com .

Call NiftyNext # +91 80171 98633 Or SMS NiftyNext @ 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

NIFTY NEXT- Nifty EOD 11 Oct 2011 Technical Analysis & OutLook For 12 Oct 2011

Nifty –Spot today (11 Oct2011) ended at 4974.35 with a fall of -0.10% with formation of Black Candle on Daily price chart. Nifty has been moving Up with High Volume & current Candle is Down with huge volume indicates weakness and probably end of the Recent Up-Move. As per our NNI-Nifty Next Indicators which declined by -36.50% is now trading at +4.25% with Fall in Volume by -1.70%, indicates that Nifty will Trade with Negative Bias on 12 Oct 2011. Nifty has now Strong Support at 4953/4904 & Resistance at 5014. Closing Below 4904 will mark the start of Negative Trend for Oct 2011 Expiry series.

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 AmiBroker Charting Software(V-5.42)  & AmiTool-PowerScan.

Call NiftyNext # +91 80171 98633 Or SMS NiftyNext @ 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