Wednesday, August 7, 2013

NIFTY NEXT- Nifty Trading Range for 07 Augustl 2013 with Price Target

Nifty-Spot today(07 Augl 2013) will Trade with Flattish Note within the Range of 5529-5557.As per Our NNI-Nifty Next Indicators, which has Decreased in the Last Trading Session suggests that Flat to Negative Movement for Index. As Per Daily Price Chart, Major Momentum Indicators are in Bearish Mood .Nifty has entered into a Long-Term Bearish Zone. Both the above levels are very crucial in nature for the Index. Breaking the Points will mark the start of Down or Up Trend for the Index for very Short Period.Banking/Ferrous Metal Stocks are looking week on the Charts.Accumulation in the Mid-Size Banking stocks are recommended here.
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