Thursday, January 5, 2012

NIFTY NEXT- Nifty Trading Range for 05 Jan 2012

NIFTY-SPOT today(05Jan2012) will Trade with Flat to Negative &  Flattish Closing is Expected within the Range of 4686-4725.As per our NNI-Nifty Next Indicators, which is also Flat, suggests that Flattish to Bearish Sentiments. On Technical Chart, major momentum indicators are Yet to give Clear Indications.As per NNI, Nifty has how Strong Support at 4686 And Resistance at 4725.
For Nifty-Fut(If Nifty-Spot Closes above 4725) Strong Resistance will be 4779/4817/4855 for the Jan 2012 Expiry series.

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1 comment:

  1. Your post seems to be very appreciating!!
    I have just gone through your post and really found it interesting.But i too feel that stock market is the place or king of markets
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