Wednesday, February 23, 2011

NIFTY NEXT-Nifty Trading Range for 23 Feb 2011

Nifty-spot Today may Trade with huge Volatility within the range of 5417-5468.VIX is now at higher side at 26.85.Technically, Momentum indicators has shown some sort of weakness on daily price chart. As per volatility skew of nifty Options 5400 is strong support for Nifty. NNI-Nifty Next indicators which falled by -82% in last trading session along with increase in volume, suggest a Negative Trading session on 23 Feb 2012.Tata Steel  will see huge selling on23Feb2011.

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