Monday, July 18, 2011

NIFTY NEXT- Nifty Trading Range for 18 July 2011

Nifty Spot Today ( 18 July 2011) may Trade with Huge Volatility within the Range of 5549-5600. On Technical Chart, Major momentum indicators are in OverBought Zone. VIX has marginally declined to 19.95 on 15 July 2011. As per Our NNI-Nifty Next Indicators, which increased huge by 1300% along with modest Fall in PCR-Volume, suggests that Nifty will Trade in Negative Bias in Early Trades and will cover the all Falls in Afternoon Sessions on 18 July 2011. TCS & SBI will be best stocks to Trade Intraday on 18 July 2011.
Editor’s Note : This Article is written by Vina S Singh, Senior  Chartist at , which is a Technically Based quant Research Firm, M/S Durgapur Holdings in Durgapur, West Bengal, India that covers all Stocks, trades at NSE. You can reach the Chartist here . We are Using Ami Broker Charting Software(V-5.41), Pattern Explorer & AmiTool-Power Scan.
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