Wednesday, February 16, 2011

NIFTY NEXT- Nifty Trading Range for 16 Feb 2011

Nifty-Spot today may trade with Flat to Negative bias within the Range of 5440-5495.VIX has increased marginally in last Trading session along with Fall I our NNI-Nifty Next Indicators. Technically  Nifty is in good uptrend now. All momentum Indicators are in Bullish mode. Volatility Skew is also suggesting the Nifty may see 5800 levels in next few months. Banking Stocks will perform well on  today 16 Feb 2011.

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