Friday, May 6, 2011

NIFTY NEXT-UNIONBANK-SPOT 1 Min Technical Chart 06 May 2011


UNIONBANK is Trading at 312.15 with a handsome gain of +7.62%. It has move from from its Intraday Low of 290. On Technical Chart, it is now in overbought zone.It has now Strong Resistance at 317 and Support at 305 on Intraday basis for 06 May 2011.

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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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