Monday, September 17, 2012
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NIFTY NEXT- Nifty Trading Range for 17 Sep 2012
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.
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Disclaimer
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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