Thursday, October 3, 2013

NIFTY NEXT- Nifty Trading Range for 03 Oct 2013 with Price Target

Nifty-Spot today (03 Oct 2013) will Trade with Flat to Negative Note within the Range of `5762-5723. As per Our NNI-Nifty Next Indicators, which has Decreased in the Last Trading Session by above -10% 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 in Bearish Mode. If Nifty-Spot Closes above   the level of ` 5801 then these Up-Trend will continue in coming days. Nifty-Spot will touch the level of` 5606 if it ends below 5723 in the coming days. YESBANK, DLF, SBINSBIN, ICICIBANK, AXISBANK, MCDOWELL-N, RELIANCE, Bharat Forge, HCL Technologies, Power Grid, Idea Cellular, Tata Power, Tata Global will be Traders’ Picks for  Today’s Trading Session.
Call NiftyNext # +91 80171 98633 Or SMS NiftyNext @ 880 2230 836 For Paid Calls or Email at MAIL@NIFTYNEXT.COM Know More About Your Packages For Best Performance in Stocks Markets @

Cairn India (CAIRN)-A MultiBagger,Buy/Sell/Hold,GrowthPospects and Recomendation,News and Results,Target Price and Analysis,Views and Outlook,Hot Stocks/Picks

CAIRN Closes at `317.75 with a Fall of -0.30%  on 01 Oct  2013 with formation of a Small Black/Red  Candle on Daily  Price Chart with Huge Delivery Volume. Technically, CAIRN  is Looking Week  on Daily Charts. Major Momentum Indicators Like RSI & Schaff Trend Cycle are  Showing Weakness on Daily Price Chart.
Target :`315/295                   
Stop: Loss :`320.00       
Time Frame:5-15Trading Days
Editor’s Note : This Article is written by Vina S Singh, Senior  Chartist at , which is a Technically Based Quant Research Firm at M/S Durgapur Holdings in Durgapur, West Bengal, India that covers all Stocks(Trades at NSE) & In-Depth Analysis of Indian Equity Market,Major World Indicies,Bonds,ETFs. We use Ami Broker Charting Software(V-5.63),Pattern Explorer(V-4.25)&AmiTools-Power Scan(V-1.3.6).You can reach the Chartist here mail@niftynext.comOr Tel : +91 80171 98633 Or SMS:  +91 880 2230 836.



The recommendations made herein do not constitute an offer to sell or a solicitation to buy any of the securities mentioned. No representations can be made that the recommendations contained herein will be profitable or that they will not result in losses. Readers using the information contained herein are solely responsible for their actions. Information is obtained from sources deemed to be reliable but is not guaranteed as to accuracy and completeness. The above recommendations are based on the theory of Technical Analysis and do not reflect the fundamental validity of the Scrip. does 't take any Responsibility for any losses arising from using the Stocks Recommendations.
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