Wednesday, February 22, 2012

NIFTY NEXT- Nifty Trading Range for 22 Feb 2012

Nifty-Spot today (22 Feb2012) will Trade with Positive Note within the Range of `5596-`5662.As per Our NNI-Nifty Next Indicator, which has Gained In last Trading Sessions on 221 Feb 2012 along with Increase in Volume and Open Interest, suggests that Nifty Will Trade with Positive Note .PCR(Vol &OI) has seen huge Increase also. As per Technical Chart, major momentum indicators are in over-bought Zone. Both the levels are very crucial in nature.Closing Above 5662 will lead the Index to Higher levels of `5731.

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