Monday, May 14, 2012

NIFTY NEXT- Nifty EOD 15 May 2012 Technical Analysis & Out Look For 15 May 2012


Nifty-Spot  ended at 4907.8 with a fall of -0.40% with formation of a Small Black Candle on Daily Price Chart. Major Momentum Indicators are in  Bearish Zone. Nifty-Spot has now Strong Support at 4882.25.

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Nifty Next- Nifty Spot 1Mins Technical Price Chart 14 May 2012


Nifty-Spot is now Trading at 4948.15 with Day’s High at 4955 and Low at 4928.90. On 1 Mins Technical Price Chart, Nifty has formed a Bearish Hanging Man  Candle Pattern. Nifty-Spot has now Strong Support at 4938 and Resistance at 4963.

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Friday, May 11, 2012

NIFTY NEXT- Nifty Trading Range for 11 May 2012


Nifty-Spot today(11 May 2012) will Trade with Negative Note with in the Range of 4893-4965.As per Our NNI-Nifty Next Indicators, which has declined in last trading sessions also suggests the same.On Technical Price Chart, Major Momentum Indicators are still in Bearish Zone. IT & Banking Stocks will be picks of the 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. You can reach the Chartist here mail@niftynext.com . We are Using Ami Broker Charting Software    ( V-5.51 ) ,Pattern Explorer & Ami Tool-Power Scan.


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