Wednesday, May 2, 2012

NIFTY NEXT- Nifty EOD 02 May 2012 Technical Analysis & Out Look For 03 May 2012


Nifty-Spot today(02 May 2012) ended at 5239.15 with a Fall of -0.20% and it Slides from its higher levels of 5279.60 to hit Day’s Low at 5226.45 as per Our Morning Trading Note.Nifty-Spot has further Turned Bearish and May Slide to its lower levels on 03 May 2012 and may Hit 5170.
Editor’s Note : This Article is written by Vina S Singh, Senior  Chartist at  www.niftynext.com , 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 mail@niftynext.com . We are Using Ami Broker Charting Software    ( V-5.51 ) ,Pattern Explorer & Ami Tool-Power Scan.

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NIFTY NEXT- INDIAN RUPEE 5 Mins Technical Chat 02 May 2012


Indian Rupee is Now Trading at 52.96 against USD on 02 May 2012 at 9.55 IST. INR has now Strong Support at 52.85 and Resistance at 53.06 for Intraday Trading, as per 5 Mins Technical Chart.

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FII Data Updates For 02 May 2012


(Rs. in Crores)


Reporting Date
Equity
Debt
Gross
Purchases
Gross
Sales
Net
Invest.
Gross
Purchases
Gross
Sales
Net
Invest.
02/05/2012
2113.90
1573.30
540.60
465.70
230.40
235.30


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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.
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