Monday, June 6, 2011

NIFTY NEXT- Nifty Trading Range for 06 June 2011

Nifty-Spot today  may Trade with Huge Volatility within the Range of 5520-5455 with Flat to Negative Note. PCR- Vol  has Declined on Last Trading Sessions. Major Momentum Indicators are also week on Daily price Chart. As per Our NNI-Nifty Next Indicators, which declined by – 13% in last Trading Session, suggests that Nifty will  Trade with Negative Bias on 06 June 2011. Both the Price Levels are very crucial in nature. Closing Up above 5550 and Below 5455 will mark trend reversal.LT & Sun TV will  Bears Best Pick on 06 June 2011.

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