Friday, May 6, 2011

NIFTY NEXT-MUTHOOTFIN-SPOT 1 Mins Technical Chart with Price Target 06 May 2011


MUTHOOTFIN listed at 196.60 and after making intraday’s high at 198.90, it slide to day’s low 161.40. It is now again Bullish on 1 mins price chart. Buying at  these levels will be a profitable Trade for target of 172-175 levels on Intraday Basis.

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NIFTY NEXT- SKSMICRO-SPOT 1 Mins Technical Chat 06 May 2011


SKSMICRO declined to -14.14% after making Intraday High of 412. It is now Trading at 346(During Post Time). We Recommend the Traders to Avoid the Stock for fresh exposers. 360 is Strong Resistance  for SKS Micro Finance.

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NIFTY NEXT- NIFTY FUT 1 Mins Technical Charts 06 May 2011


Nifty-Fut is now  trading at 5525 at the time of Writing this post. It has made intraday high of 5540. It is finding hard to trade in upper levels. Nifty-Fut has now Strong Support at 5511 on intraday basis.5615 will mark the Trend Reversal in favour of Bulls.

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