Wednesday, May 4, 2011

NIFTY NEXT- Nifty Trading Range for 04 May 2011

Nifty-Spot  today(04 May2011) may trade with huge volatility within the Range of 5490-5550.VIX has also increased in Last Trading Session. On Technical Price chart, Nifty is looking weak. Major Momentum Indicators are also in bearish mood. As per Our NNI-Nifty Next Indicator, which declined by -85% in last trading sessions suggests that Nifty will Trade Flat to Negative Bias on 04 May 2011. 5615 is Bulls Marks for Nifty-Fut.
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1 comment:

  1. Hi,
    Lot of global tensions is going on at this time. Japan is expected to pull out its money from the global market as they want to revamp their country now. In current scenario anything can happen in the Share market Investors are advised not to panic and stay invested only safe traders and investors should exit their long positions on every high and one can use every decline as an opportunity to enter market again.


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