Wednesday, May 12, 2010

NIFTY NEXT: NIFTY 5 MINS EOD TECHNICAL ANALYSIS ( 12 MAY 2010)

NIFTY  TODAY( 12 MAY 2010) CLOSES @ 5149.15 .IT COOLED-OFF AFTER HITING OUR 5172 TARGET. THERE IS DECREASE IN COST-OF-CARRY @ -3.04% WITH DECLINE IN OPEN INTEREST.THE OI STANDS @ 296003200. 5200 call & 5000 PUT HAVE SEEN THE HIGHEST CHANGE IN OPEN-INTEREST.
CALL NIFTYNEXT # 880 2230 836 FOR NIFTY PRICE ACTION & TARGETS

NIFTY NEXT: NIFTY 5 MINS TECHNICAL CHARTS UPDATED (12 MAY 2010)

TODAY BEFORE MARKET OPENS, NIFTYNEXT TOLD NIFTY MUST TRADES ABOVE 5172 FOR BULLISH TARGETS.IT  KISSES 5188 AND FROM THAT LEVEL IT IS COOLING -OFF AND NOW TRADIANG @5161 AND FINDS SUPPORTS @ LOWER LEVEL ( AS I TOLD @ 5107). WE ARE STILL MAINTAING THE NEGATIVE BAIS OF NIFTY INDEX. CALL NIFTYNEXT $ 880 2230 836 FOR PAID CALLS.

NIFTY NEXT: IDFC 5 MINS TECHNICAL CHARTS UPDATED 12 MAY 2010

IDFC IS LOOKING GOOD ON  TECHNICAL CHARTS.HOLD FOR 172 LEVELS THIS WEEK IF NIFTY CLOSES ABOVE 5172. CALL NIFTYNEXT # 880 2230 836 FOR MORE PAID CALLS.

Disclaimer

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. www.niftynext..com does 't take any Responsibility for any losses arising from using the Stocks Recommendations.
We( WWW.NIFTYNEXT.COM) are not Registered with Any Regulatory Body in India ie SEBI,NSE,BSE,AMFI or Any Otheres.


Blog Archive