Monday, March 3, 2014

NIFTY NEXT- Nifty Trading Range for 03 March 2014 with Price Target

Nifty-Spot ended at `6276.95 on 28 Feb 2014 with a gain of +0.60% with formation of a Green Candle On Daily Price Chart. As per Our NNI-Nifty Next Indicator which has Declined by -60% IS NOW Trading at 2.75 Level, indicating a Bearish Trading Session of Indian Index Today(03March 2014. Along with  Decline in Volume.Major Momentum Indicators are now Trading in Overbought Zone. Nifty  Will Trade with Flat to Neagive Zone today with Bouch-Back from its lower level is expected as per F&O Data Mining .Nifty-Spot may ToDAY  WILL  Trade within the Range of 6240-6298. Index has strong resistance around 6336. TCS,Tata Steel,SBI,Reliance ,tata Motors will be best stocks for Intraday Picks.
Editor’s Note : This Article is written by Vina S Singh, Senior  Chartist at , 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 . We are Using Ami Broker Charting Software    ( V-5.51 ) ,Pattern Explorer & Ami Tool-Power Scan.
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