Nifty Next: NIFTY NEXT- Nifty Trading Range for 07 Feb 2011

Monday, February 7, 2011

NIFTY NEXT- Nifty Trading Range for 07 Feb 2011

Nifty-Spot today may Trade huge volatility within the Range of 5380-5435 due to increase in VIX by +7.6% in last Trading session. VIX is now 24.41 level. As per Our NNI-Nifty Next Indicators which declined by huge -180% on 04 Feb 2011, is now in negative Range at -3% along with increase in volume & Traders’ Interest, Suggest a Flat to Positive Trading Session on 07 Feb 2011. We may also see a Bounch-Back today from lower levels in Nifty on 07 Feb 2011.Banking Stocks will be Eye-Catcher of Indian Traders today.

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