Wednesday, December 29, 2010

NIFTY NEXT-Nifty Trading Range for 29 Dec 2010

Nifty-spot today may Trade with Negative to Positive note within the Range of 5985-6030.Index is at very crucial and trying to find Direction ahead of Dec Series Expiry. As per NNI-Nifty Next Indicators which gained by +100.0% in last Trading session , along with increase in Open-Interest and modest Decline in Volume, suggest a Positive Trading Session. If Nifty Holds and Trades above 6030 then 6057 we may see on Intraday Basis Today. India Cement is Looking good On Technical Charts. Accumulation will be a profitable Trade in India Cement.

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