Nifty Next: NIFTY NEXT- Nifty Trading Range for 24Feb 2011

Thursday, February 24, 2011

NIFTY NEXT- Nifty Trading Range for 24Feb 2011

Nifty-Spot Today may Trade with Huge volatility within the Range of 5380-5460. As VIX has Started cooling-off from higher levels. As per our NNI-Nifty Next Indicators which declined to the level of -11% along with fall in volume, suggests that Nifty will find support at 5400 and we may see a Short-Covering today also for higher levels. Buying Nifty-Fut at lower levels is advisable for 5900/6000 for 1-2 months Target. Power Grid will perform well on 24 Feb 2011.

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1 comment:

UnknownSunday, February 27, 2011 at 7:29:00 PM GMT+5:30
At first I inform you that Ur site is looking very good.It will be better to look and take a decision to entry & exit on nifty chart with MA(5-20 or 5-40, or 5-200).
An query : When nifty will take a upward trend and how many days nifty stays on a range of 5100-5500.
T Ghosh
Durgapur
Email: tkgdgp@gmail.com
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