Sunday, December 4, 2011

NIFTY NEXT-Nifty PE Chart 02 Dec 2011

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Nifty-Total Returns Index Values –Technical Chart 02 Dec 2011



Nifty-Total Returns Index Values is a very usefull Instrument to find the Trend of Nifty. Its’ Present Value is now `6405.62. It is Trading now Just Below Its 30 DMA of  `6406.09, marking a Bullish Trend for Short Term. On Monthly Chart, `6644.31 is the hurdle. If it Trades above these ` 6644.31, then we may enter into a Bullish-Long Term Trend.

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Baltic Dry Index-Technical Price Chart 01 Dec 2011


Baltic Dry Index ends at  $1862 with a gain of +0.9% on  Dec 2011.It is now Trading Much Below its 30DMA of $ 1957.73.On Daily Price Chart, Baltic Dry Index is showing Bullishness and May move Upward from these levels.


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) & In-Depth Analysis of Indian Equity Market,Major World Indicies,Bonds,ETFs. We use Ami Broker Charting Software (V-5.50),Pattern Explorer & AmiTools-Power Scan(V-1.3.6).You can reach the Chartist here mail@niftynext.com Or Over Phone at +91 80171 98633 Or SMS at +91 880 2230 836/ 8927670565.

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