Tuesday, April 5, 2011

NIFTY NEXT- Nifty Trading Range for 05 April 2011

Nifty-Spot today (05 April 2011) may Trade with huge Volatility with Flat to Positive bias within the Range of 5896-5931.VIX is now trading at 20.06.VS of Nifty Options, suggests that 5900(Nifty-Fut) will act as a Strong support for higher target of 6200-6400 in next 3 months. Technically, nifty is in overbought zone. All momentum indicators are in over-heated zone. As per our NNI-Nifty Next Indicators, which gained by marginal +9.5% on 04April 2011, along with increase in Volume and Traders’ Hope, suggests that Nifty Will Trade with Positive Note & May see Selling from higher levels. 5896 will act as a strong support for Nifty on  intraday basis on 05 April 2011. Telecom Stocks may see huge selling on 05 April 2011.

Call NiftyNext # +91-880 2230 836 For Paid Calls or Email at MAIL@NIFTYNEXT.COM Know More About Your Packages For Best Performance in Stocks Markets @ http://bankniftynext.blogspot.com

No comments:

Post a Comment

Thanks for Your Valuable comments. It will make Us to Serve You in Better Way. For Any STOCKS Query ,Please Call NiftyNext +91 880 2230 836.


The recommendations made herein do not constitute an offer to sell or a solicitation to buy any of the securities mentioned. No representations can be made that the recommendations contained herein will be profitable or that they will not result in losses. Readers using the information contained herein are solely responsible for their actions. Information is obtained from sources deemed to be reliable but is not guaranteed as to accuracy and completeness. The above recommendations are based on the theory of Technical Analysis and do not reflect the fundamental validity of the Scrip. www.niftynext..com does 't take any Responsibility for any losses arising from using the Stocks Recommendations.
We( WWW.NIFTYNEXT.COM) are not Registered with Any Regulatory Body in India ie SEBI,NSE,BSE,AMFI or Any Otheres.

Blog Archive