Tuesday, October 5, 2010

NIFTY NEXT-Nifty Trading Range for 05 Oct2010

Nifty today (05 Oct2010) may Trade with Negative to Flat note within the Range of 6155-6220.As Per our NNI-Nifty Next Indicators analysis, which is declined by -11.20% to ends up at +6.45% in last Trading Session, suggest the same flattish Trading Mode in Nifty today. Today we may open in Red around 6170 Range and may see the Down-Covering in the 2nd Half of   Trading. Our Weekly Target of Nifty 6317 is still intact. We don’t suggest to  carry our Shorts on BTST basis.
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