Monday, June 13, 2011

NIFTY NEXT- Nifty Trading Range for 13 June 2011

Nifty-Spot today May Trade with Huge Volatility within the Range of 5546-5513.It may see the Selling as per global Indices are Trading in Red Zone. On Technical Price Chart, Nifty  is looking weak. Major Momentum Indicators are  still in Bearish Zone. As per Our NNI-Nifty Next Indictors, which gained marginally on 10 June 2011 along with Fall in PCR-Volume & Increase in Volume, suggests that Nifty Will Bounch-Back From its lower level today on 13 June 2011. Closing Below 5467 will mark Bearish phase  for Nifty. Reliance will be the Best Stocks To Watch for Intraday on 13 June 2011.

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