Nifty-Spot today* 17.09.2012 will Trade with Huge Gap up in tune with International Market and may see Sliding at its higher levels within the Range of 5645-5601. As per Our NNI-Nifty Next Indicators, which has seen Decline in its Value, is now Trading at mere 3.70, suggests the same Sell-Off from its higher levels. On Technical Price Chart, Nifty-Spot is Looking Bullish (EOD Basis). Major Momentum Indicators are having some Energy Left for the Bulls. Accumulation at this levels may Avoided.
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.
