Monday, December 20, 2010

NIFTY NEXT-Nifty Trading Range for 20 Dec 2010

Nifty –Spot today mayTrade with Huge volatility within the Range of 5930-5965 and may see Selling pressures from Higher levels today. As per NNi-Nifty Next Indicators which gained hugely in last trading session with increase in volume, is not supported by Open-Interest. NNI suggest that today Nifty may See Sell-Off from higher levels .If Index trades and Holds 5998, then we may see the Higher levels. Nifty-Spsot has strong Support at 5923/5901 levels. Sugar sector is gaining momentum at the present time.

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