Thursday, May 24, 2012

NIFTY NEXT- Nifty EOD 24 May 2012 Technical Analysis & Out Look For 25 May 2012

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NIFTY NEXT- Nifty Trading Range for 24 May 2012


Nifty-Spot today will Trade with Positive to Flat or Negative Note within the Range of `4861-4816. As per Our NNI-Nifty Next Indicators, which has Declined in Last Trading Session on 23 May 2012, suggests that Nifty will Find hard to sustain at its higher levels and May Slide from these Higher levels of `4859/4861 and may find Support around 4816 on Intraday Basis on 245 May 2012. On Technical Price Chart, Nifty is Still Trading Below its 200DMA, making its Bearish and Major Momentum Indicators are also looking Bearish in Nature. `4816 & 4861 are very crucial for Nifty on 24 May 2012.

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COALINDIA-A MultiBagger,Buy/Sell/Hold,Growth Pospects and Recomendation,News and Results,Target Price and Analysis,Views and Outlook,Hot Stocks/Picks


COALINDIA Closes  at  `308.35  with a Gain of  +0.80% on 24 May 2012 with formation of  a  White Candle on Daily  Price Chart .Technically, COALINDIA  is looking Strong  on Charts and it is Trading Below its 200DMA. Major Momentum Indicators are also Bullish on Daily Price Chart.
We Recommend to BUY: COALINDIA Above` 311.
Target : `339.50S Sto
Stop: Loss :`298.50
Time Frame: 5-15 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 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.


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
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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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