Monday, January 21, 2013

NIFTY NEXT- Nifty Trading Range for 21 Jan 2013

Nifty-Spot today (21  Jan 2013) will Trade with Negative Note within the Range of` 60025-6097.As per Our NNI-Nifty Next Indicators, which  has Declined in  the Last Trading Session of 2013 by -26% suggests that Negative Movement for Index. As per Daily Price Chart, Major Momentum Indicators are in Over-Bought Zone.. After Mining the F&O Data, the Overall Trend is Still Intact and in Bullish Mode & We may See a Bounch-Back from its Lower Levels in Nifty Around 6025.If Nifty Breaks the 6025 then the Trend will see a Downward Reversal and Ends at above 6068, then Bull-Trend will continue for 6186.Accumulation of Sugar Stocks will a Profitable Trade/Investments at these Levels.

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1 comment:

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