Monday, November 29, 2010

NIFTY NEXT-Nifty Trading Range for 29 Nov 2010

Nifty-Spot today may Trade within the Range of 5734-5780 level with Huge Volatility in tune with VIX.As per NNI-Nifty Next Indicators which declined by -44.0% in last trading session along with Volume & Open-Interest, suggest a Negative Trading session or Sell-Off from HIgher level in the Nifty. If Nifty holds and Trades above 5742, then  higher levels is expected with Trend Reversal.SBI &TCS will see huge activity today and may give support to the Nifty at higher levels.

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