Friday, April 8, 2011

NIFTY NEXT- Nifty Trading Range for 08 April 2011

Nifty-Spot today may Trade with volatility with Flattish  note within the Range of 5885-5915.On Technical Grounds, major  momentum indicators are in  over-bought zone. As per Our NNI-Nifty Next Indicators, which declined by -11% in last trading sessions along with traders Hope, suggest that Nifty will Trade with Flattish note. Nifty has String Support at 5855 and Resistance 5915. Trading & Closing above 5915(on Spot) will starts a Bulls-journey for 6100/6400.

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