Wednesday, July 6, 2011

NIFTY NEXT- Nifty EOD 06 July 2011 Technical Analysis & OutLook For 07 July 2011


Nifty-Spot  today (06 July 2011) ended at 5625.45 with a minor fall of -0.10% with formation of a Inverted Hammer and Falling Wedge pattern on Daily Price Chart. AD Ratio is 0.58.VIX is at 18.34.Major Momentum  indicators are in overbought zone. Buyer-Seller Force Index is moving upward while RSI is coming down. As per Our NNI-Nifty Next Indicators, which declined by -38.50% along with Fall in PCR-Vol suggests that Nifty will see Selling on 07 July 2011.5604/5570 is now Strong Support for Nifty.  

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