Wednesday, January 26, 2011

NIFTY NEXT- Nifty Jan 2011 Series Expiry Target / Nifty EOD 25 Jan 2010 Technicals


Nifty-Spot today ended with a loss of -1.0% at 5687.40 after making high of 5801. It seen huge Selling from higher levels as per Our Analysis (Please Refer @ http://www.niftynext.com/2011/01/nifty-next-nifty-trading-range-for-25.html ). It has formed a  Bearish Engulfing on Daily Price Chart. As per Volatility Skew of Nifty Options, 5600 PE for Feb & 5900 CE for Feb 2011 seen huge increase, suggest a possible Trading Range for Nifty In Feb 2011.
On Technical Grounds, MACD has seen some week-ness  while W%R has given clear Buy Indications on Daily price chart. As per our NNI-Nifty Next Indicators, which declined by -70% with increase in Volume & Traders Interest, suggest a Weakness on Nifty on Jan 2011 series Expiry Day. 5640/5600 will be the strong support for Nifty-Spot on Nifty Jan 2011 series Expiry. 

Call NiftyNext # +91-880 2230 836 For Paid Calls or Email at MAIL@NIFTYNEXT.COM Know More About Your Packages For Best Performance in Stocks Markets @ http://bankniftynext.blogspot.com

No comments:

Post a Comment

Thanks for Your Valuable comments. It will make Us to Serve You in Better Way. For Any STOCKS Query ,Please Call NiftyNext +91 880 2230 836.

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.M/S Durgapur Holdings & www.niftynext..com does 't take any Responsibility for any losses arising from using the Stocks Recommendations.
We(M/S Durgapur Holdings & WWW.NIFTYNEXT.COM) are not Registered with Any Regulatory Body in India ie SEBI,NSE,BSE,AMFI or Any Otheres.


Read Earler Posts Here !

Acknowledgments

1. Ami Broker (www.amibroker.com) 2.I Charts (www.icharts.in) 3.Any Others Chart Service Providers 4.www.way2sms.com (SMS Service Provider) 5. HDFC Bank ( www.hdfcbank.com) 6. Fellow Yahoo Messenger ! Market Watch Room We are really thankfull to the Above for their Great Supports for making this Blog available to the Indian Traders.
Powered by 123ContactForm