Tuesday, May 15, 2012

NIFTY NEXT- GOLD-I Technical Price Chart & Target 15 May 2012


GOLD-I  ended at 28244 down by –0.40% with formation of a Long Black Candle on Daily Price Chart on 14 May 2012.It is likely to Test its 200 DMA at 27977. As per Technical Price Chart, GOLD-I has now Strong Support at 27841 and Resistance at 28664.

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Monday, May 14, 2012

NIFTY NEXT- Nifty EOD 15 May 2012 Technical Analysis & Out Look For 15 May 2012


Nifty-Spot  ended at 4907.8 with a fall of -0.40% with formation of a Small Black Candle on Daily Price Chart. Major Momentum Indicators are in  Bearish Zone. Nifty-Spot has now Strong Support at 4882.25.

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Nifty Next- Nifty Spot 1Mins Technical Price Chart 14 May 2012


Nifty-Spot is now Trading at 4948.15 with Day’s High at 4955 and Low at 4928.90. On 1 Mins Technical Price Chart, Nifty has formed a Bearish Hanging Man  Candle Pattern. Nifty-Spot has now Strong Support at 4938 and Resistance at 4963.

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