Thursday, April 21, 2011

NIFTY NEXT- Nifty Trading Range for 21 April 2011

Nifty-Spot today(21 April 2011) may Trade with Flat to Positive note within the Range of 5845-5895. VIX has also declined to its comfort level of 20.99.On Technical chart, Major momentum indicators are gaining momentum for Upward Levels. Spearman has given positive signal on daily charts. PCR-OI  has increased to 1.36 %. As per Our Leading Indciators. NNI-Nifty Next Indicators, which has gained by + 7.0% in last Trading session, also suggests a Positive Trading Session for Nifty on 24 April 2011. If Nifty-spot Trades & Holds the leve lof  5918, then we may touch 6110 by next week. Banking Stocks are looking positive on Charts for 21 April 2011.

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