Thursday, June 14, 2012

NIFTY NEXT- Nifty Trading Range for 14 June 2012

Nifty-Spot today(14 May 2012) will Trade with Flat to Negative Note within the Range of `5120-5075. As per Our NNI-Nifty Next Indicators, which has Declined in Last Trading Sessions also Suggests the Same Negativeness for Nifty. On Technical Price Chart, Nifty-Spot has formed a Bearish Spinning Top Candle on Daily Chart. Major Momentum Indicators are also in Over-Bought Zone. Gold is Trading at Highest Levels Now Days.
This will Have Bearish Impact on the Indian Equity  Market.

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