Sunday, December 4, 2011

Nifty-Total Returns Index Values –Technical Chart 02 Dec 2011

Nifty-Total Returns Index Values is a very usefull Instrument to find the Trend of Nifty. Its’ Present Value is now `6405.62. It is Trading now Just Below Its 30 DMA of  `6406.09, marking a Bullish Trend for Short Term. On Monthly Chart, `6644.31 is the hurdle. If it Trades above these ` 6644.31, then we may enter into a Bullish-Long Term Trend.

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