Monday, April 7, 2014

NIFTY NEXT- Nifty Trading Range for 07 April 2014 with Price Target

Nifty-Spot Today (07 April 2014) will Trade with Flat to Negative & Negative to Positive with a Bounce Back from its lower levels within the Range of `6672-6723.As per Our NNI-Nifty Next Indicator, which has gained by +65.00% in last Trading along with a Fall in Trading Volume , Confirms that Nifty will Bounce-Back from its lower levels in Today’s Trading session and Buying will Emerge out at Lower Levels.  After  F &O Data Mining, We Find that Nifty –Cash has strong support at `6672 and Resistance at `6723 on Intraday Basis. Major Momentum indicators are in Over-Bought Zone. Nifty –Fut  levels to be Watched `6722 at lower side and `6773 at Upper side. Intraday Stocks Picks are SBI,RANBAXY,ICICI BANK,DLF,AXIS BANK,HDIL,TCS UNITECH.
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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