Nifty-Spot today (04 Jan 2013) will Trade with Negative Note
within the Range of`
5972-6038.As per Our NNI-Nifty Next Indicators, which has Declined in the Last
Trading Session of 2013 by above -24% suggests that Negative Movement for
Index. As per Daily Price Chart, Major Momentum Indicators are in Bearish Mode.
It has formed a Bearish Hanging Man on Daily Price Chart. After Mining the
F&O Data, the Overall Trend is Still Intact and in Bullish Mode. If
Nifty-Spot Holds the level of `5960,
then these Up-Trend will continue in coming days. OIL & Power Sector is
showing Strength on Charts. Accumulation of Front Line Stocks in these Sectors
is recommended for Short Term.
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