Friday, July 1, 2011

NIFTY NEXT- Nifty EOD 01 July 2011 Technical Analysis & OutLook For 04 July 2011

Nifty-Spot today (01 July 2011) ended at 5627.20 with a fall of -0.40% and it has formed a Long Black Candle. Nifty is Still In Rising Sun Pattern (Bullish Phase). VIX has declined by -1.1% to the level of 18.21. On Technical Price Chart, Major Momentum indicators are in Bullish Zone. Buyer-Seller Force Index and  Schaff Trend Cycle indicator are rising Upward. PCR-Vol has increased by + 34.44% to 1.20 level. As Per our NNI-Nifty Next Indicators, which gained by + 48.70% along with increase in Traders Hope for Trade in Bullish Trend, suggests that Nifty will Trade with Positive Bias on 04 July 2011. If Nifty-spot Trade and ends above 5636.15 on Monday 04 July 2011, then this UpTrend will be Intact. Reliance is good on Technical Chart.
Editor’s Note : This Article is written by Vina S Singh, Senior  Chartist at , 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 .

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 @

1 comment:

  1. Hi,Seems like it's a nice blog. So let us also add something useful in it. Trading in volatile market can be very fruitful also if we follow technical levels closely. It's a common saying that stock market can change fortune in either way. But now the question is how to earn money from the Indian stock market. Traders are advised to strictly follow technical analyses and investors can follow fundamental analysis. Many analysts say it's not wise to follow technical and fundamental analysis together. But we say what the problem is if one does so? As more knowledge will add up things will not have any negative impact.


    Nifty Option Tips


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.


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

Blog Archive