Nifty Next: NIFTY NEXT-Nifty Trading Range for 18 Jan 2011

Tuesday, January 18, 2011

NIFTY NEXT-Nifty Trading Range for 18 Jan 2011

Nifty-Spot today (18Jan2011)may Trade with Flat to Positive Bias within the Range of 5643-5720. VIX is at higher side , around 23.81 may decline today. It will be Positive for the Market. Early Momentum Indicators Centre of Gravity has given Positive Cross-over on daily price chart. This Bounch-Back will be utilisted to Reduce one’s Exposeres. Holding long is not advisable now. LT will be the Performer today (18 Jan 2011).

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