Saturday, June 18, 2011

NIFTY NEXT- Nifty EOD 17 June 2011 Technical Analysis & OutLook For 20 June 2011


Nifty-Spot today(17 June 2011) ended at 5366.40 with a fall of -0.60% with formation of a long black candle on daily price chart. VIX has increased by +3.1% to 22.27 level. On Technical Price Chart , major momentum indicators like TAIO, Twinggs Money Flow & Buyer-Seller Force Index are moving Southward. PCR-Vol has declined by  -8.99% to +0.81% on last Trading session.  As per Our NNI-Nifty Next Indicators, which gained by +162% along with Decline in Volume & PCR-Vol, suggests  that Nifty will Trade with Negative Bias on  Monday 20 June 2011.It may open to Positive side and will see gradually sliding on 20 June 2011. Nifty –Spot has now Strong Support level at 5334.
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. We use Ami Broker Charting Software. You can reach the Chartist here mail@niftynext.com .

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