Sunday, January 30, 2011

NIFTY NEXT- NHPC is Down Trend on Daily Charts


NHPC  closes at 24.95  on 28 Jan 2011 with increase in huge Volume. It has formed a Long Black Candle  on price Chart. It has shown Technical weakness on Daily price Chart. Major Technical Spearman  & Centre of Gravity are turning down on Daily price Chart. Nifty Next Price Forecaster  is also moving downward  on Daily & Weekly price Chart. NHPC is in long Downtrend now.
We Recommend to SELL  NHPC  at CMP
Target-20.50
Stop Loss-26

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