Wednesday, April 2, 2014

NIFTY NEXT- Nifty Trading Range for 02 April 2014 with Price Target

Nifty-Spot  Ended (01 April 2013) at of` 6721.05 & will Trade within the Range of `6702-6754.As per Our NNI-Nifty Next Indicators, which has Marginally Increased  in the Last Trading Session of 2014 by +3.50% suggests that  Positive or Flat -Negative – Flat-Positive  Movement for Index. As per Daily Price Chart, Major Momentum Indicators are in Over-Sold Zone. It has formed a Small Red Candle on Daily Price Chart. After Mining the F&O Data, the Overall Trend is Still Intact and in Bullish Mode. If Nifty-Spot Holds the level of `6702  then this Up-Trend will continue in coming days. Nifty-Futures levels to Watch for Short-Term are `6789.50/6804.50/6819.50/6834.50/6849.50.
Editor’s Note : This Article is written by Vina S Singh, Senior  Chartist at  www.niftynext.com , 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 mail@niftynext.com . We are Using Ami Broker Charting Software    ( V-5.51 ) ,Pattern Explorer & Ami Tool-Power Scan.

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