Wednesday, January 1, 2014

NIFTY NEXT- Nifty EOD 01 Jan 2014 Technical Analysis & Out-Look For 02 Jan 2014

Nifty –Spot today (01 Jan 2014) ended with a flattish Note at 6301.65 with formation of a Doji Candle on Daily Price Chart on the Very First Day of Trading of 2014.Major Momentum Indicators are now showing Weakness on Price Chart ie.RMI & Mass Index etc.
For Tomorrows’ Nifty Actual Trading Range Please Visit us www.niftynext.com Before Indian Stocks Market Opens Or Call +91 8802230836. 
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NIFTY NEXT- NIFTY Target for 2014

Nifty-Spot Ended at 6304 on the Last Day of Year 2013 ie 31st Dec 2013 with a marginal gain of 0.30% with formation of a Small Black Candle. After Analyzing the Yearly Price Chart of Nifty-Index, We find that Nifty is likely to move upward and will touch the levels of 6866/6899/6932/6965/6998/7031(Valid for Nifty Future Levels Only) and at the lower level, Nifty may Find its way upto 5606 in the year 2014.
Nifty-Spot may Touch the Higher level of 6981 and will find Strong Support at 5556 During the Year 2014.

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Thursday, October 3, 2013

NIFTY NEXT- Nifty Trading Range for 03 Oct 2013 with Price Target

Nifty-Spot today (03 Oct 2013) will Trade with Flat to Negative Note within the Range of `5762-5723. As per Our NNI-Nifty Next Indicators, which has Decreased in the Last Trading Session by above -10% suggests   that   Negative  Movement for Index. As per Daily Price Chart, Major Momentum Indicators are in Over-Bought Zone. After Mining the F&O Data, the Overall Trend is in Bearish Mode. If Nifty-Spot Closes above   the level of ` 5801 then these Up-Trend will continue in coming days. Nifty-Spot will touch the level of` 5606 if it ends below 5723 in the coming days. YESBANK, DLF, SBINSBIN, ICICIBANK, AXISBANK, MCDOWELL-N, RELIANCE, Bharat Forge, HCL Technologies, Power Grid, Idea Cellular, Tata Power, Tata Global will be Traders’ Picks for  Today’s Trading Session.
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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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