Dow Jones Industrial Average Slides -2.13% on 17 Oct 2011

Dow Jones Industrial Average ended at 11397 with a Huge fall of -247.49 points (-2.13%) on 17 Oct 2011 with formation of a Long Opening Marubozu Candle on Daily Price Chart.Major Momentum Indicators RSI & BSF are week on chart. TTF has turned into Flat, singaling a Flatish or Bearish Trend for DJIA in coming days. DJI has now strong support at 10912/10740.50  in Short Term.

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 at  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-5.47)  & 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

ADANIENT -A MultiBagger,Buy/Sell/Hold,Growth Pospects and Recomendation,News and Results,Target Price and Analysis,Views and Outlook

ADANIENT  closes at  $ 470.90  with a gain   of +0.20% on 14 Oct 2011 with formation of   Small Black Candle  on Daily  Price Chart .Technically, ADANIENT is gaining momentum on daily price chart. Ultimate Trend Cycle & RSI is moving Upward marking this Scrip Tradable for Mid-Term.

We Recommend to BUY & HOLD   -   ADANIENT at CMP

Target- $ 570

Stop-Loss – $ 435

Time Frame- 15-30 Trading 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. 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-Gold Daily Price Chart 15 Oct 2011 and Target

GOLD-I ended at  $ 26887 on 15 Oct 2011 at MCX with formation of Small White Candle on Daily Price Chart. On Daily Price Chart  GOLD-I is showing weakness. It has now strong Support at $ 26378 & Resistance at $ 27082 for short term. As per Montly/Weekly Price Chart, GOLD-I is gaining momentum and may touch the Price Target of $ 30169.40 by Nov 2011.

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 at  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-5.47)  & 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