Nifty is expected to Trade with Huge Gains on 28 Oct 2011 in line with Global Indicies. As per our NNI-Nifty Next Indicators, which gained by huge +8% during last Trading sessions also supports this BullishNess. Nifty -Fut has now Strong Support level at 5430 and Strong Resistance at 5487/5515/5529.All Index bases stocks will perform well today (28 Oct2011). Reliance Industry & Balrampur Chini is expected to Beat the Index on 28 Oct 2011 in terms of Gain.
Editor’s Note : This Article is written by Vina S Singh, Senior Chartist at www.niftynext.com , which is a Technically Based quant Research Firm, M/S Durgapur Holdings in Durgapur, West Bengal, India that covers all Stocks, trades at NSE. You can reach the Chartist here mail@niftynext.com . We are Using AmiBroker Charting Software(V-5.46) & AmiTool-PowerScan.