Thursday, May 9, 2013

NIFTY NEXT-Reliance Infra(RELINFRA) 1 Mins Technical Price Chart & Price Target 09 May 2013

RELINFRA is now Trading at 409.20 with a Gain of +2.90% with formation of  a Long  White Candle. This Huge is Not Supported By Volume and Major Momentum Indicators are now in Oversold Zone. We Recommend Traders to Sell-Off this Stocks at Current  Price  for Lower Target of 380.00

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NIFTY-SPOT 1 MINS Technical Price Chart with Price Target -09 May 2013

Nifty-Spot is now Trading at 6069.65 with Days High at 6084.70 & Low at 6069.65. There are 596 Stocks Advancing & 668 Stocks are Declining while 155 Stocks are Unchanged in the Trade .As per 1 Min Technical Price Chart, Nifty –Spot has now Strong Support at 6063.15 as the Major Momentum Indicators are Showing Weakness on Charts.
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. You can reach the Chartist here . We are Using Ami Broker Charting Software    (V-5.51),Pattern Explorer& AmiTool-PowerScan.


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.
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