Friday, May 20, 2011

NIFTY NEXT- Nifty Trading Range for 20 May 2011

Nifty-Spot today (20 May 2011) will Trade with Flattish Note within the Range of 5410-5460.PCR-Vol has declined by -13.64 along with fall in VIX on 19 May2011.On Technical Chart, Major Momentum indicators are vying for Break-Out for Upper Sider. As per Our NNI-Nifty Next Indicators, which declined by -210% in last Trading sessions along with increase in Traders’ Hope suggests that Nifty will Trade with Negative Note .5500 level  is marked for Bulls entry and 5410  is strong support for lower levels.
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