Monday, June 13, 2011

NIFTY NEXT- Nifty EOD 13 June 2011 Technical Analysis & OutLook For 14 June 2011

Nifty-Spot Today (13 June 2011) traded well as per Our Moring Calls and Bounced from Its lower levels of 5436.95 and ended at 5482.80 with a marginal fall of -0.10%. It has formed a Bullish Hammer On Daily Price Chart. VIX has Increased by +2.0% to the level of 18.91. On Technical Price Chart, Major Momentum Indicators are started showing Bullishness .As per Our NNI-Nifty Next Indicators, which Gained huge by +1230% 20 13 June 2011, is now Trading at +6.15% along with increase in PCR-Vol  by +13.0% .NNI is now Indicating a Positive Trading Session for Nifty on 14 June 2011.Nifty has now Strong Support at 54xx* & Resistance at 55XX*. SBI is Looking Good For Intraday Trading on 14 June 2011. 

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