Friday, May 25, 2012

NIFTY NEXT- Nifty Trading Range for 25 May 2012


Nifty-Spot today(25 May 2012) will Trade with Negative to Positive Note within the Range of 4898-4944.As per Our NNI-Nifty Next Indicators, which has gained huge in last Trading Session on 24 May 2012, suggests that Nifty Will Trade with Positive Bias on 25 May 2012 and it Bounch-BaCK From Its lower level today. On Technical Price Chart, Nifty is looking Strong and Gaining Momentum. Above  levels are very crucial in nature for Index.
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- GOLD Price Target and Technical Chart


GOLD-I ended at 28880 at MCX on 24 May 2012 with a Fall of -0.30% with formation of a Black Candle. On Daily Price Chart , GOLD-I is showing Weakness. It may Slide further to 28839/28166 in coming 5-10 Days. Selling GOLD-I with Stop-Loss at 28901/28995 is Advisable.

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NIFTY NEXT- INDIAN RUPEE Technical Chart 25 May 2012

Indian Rupee is now Trading at `55.65 against US Dollar with a Gain of +0.10%.It has now Strong Support level at `55.21
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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.
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