Monday, May 9, 2011

NIFTY NEXT- Nifty Trading Range for 09 May 2011

Nifty-Spot today (09 May 2011) may Trade with Positive note within the Range of 5546-5575. VS of Nifty –Options  are indicating bullishness for the Index. VIX has declined to 20.97 %. PCR-Vol is now at 0.87 % with almost flat to the last trading session.  Centre off Gravity & Spearman  are  bullish on daily price chart. If Nifty hold and trades 5615, then we may see a clear trend reversal. SKS Micro finance will be Traders Picks for 09 May 2011.

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