Wednesday, May 18, 2011

NIFTY NEXT- Nifty Trading Range for 18 May 2011


Nifty-spot today (18May2011) will Trade with huge volatility within the Range of 5400-5470. VIX has declined in last Trading session. On Technical Price Chart, major momentum indicators are looking oversold and eyeing for an Jump from its lower level. As per our NNI-Nifty Next Indicators, which increased in last Trading sessions along with increase in volume and other factors, suggests that Nifty will Trade with Positive Bias or We may see the  Recovery of any losses from its lower levels. Banking Stocks will be Best For Intraday Trade on 18 May 2011.
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