Friday, August 20, 2010

NIFTY NEXT- Best Stock To Trade Intraday on 20 Aug2010

ICICI BANK , PETRONET,UNITECH,TATA STEEL,TATA MOTOR,SBI,RELAICNE, WILL BE THE BEST STOCKS TO TRADE INTRADAY TODAY(20 AUG 2010).
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NIFTY NEXT- Nifty Trading Range For 20 Aug 2010


Nifty Today may Trade with Flat to Negative note within the range of 5495-5520.Our NNI_ Nifty Next Indicator is Negative in last trading sessions and it is @ -11.80%, indicates a negative Trading session for Nifty.Although the Trend is UP for the nifty, as it has closed above 20/50/200DMA with lowest VIX.The Nifty Next Trend Finder Index is also Postive, which supports that Weekly Trend is Up.5485-5505 both these levels are crucial and Nifty May Test these two levels today(20Aug2010).
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Thursday, August 19, 2010

NIFTY NEXT- NIFTY EOD TECHNICAL ANALYSIS 19 AUG 2010



Nifty Today closes at 5540.20 with handsome gain of over +1.10%.It is above its MA20/50/200. Our NNI- NiftyNext Indicators Turns Negative today and it at -11.80% , down by almost -460% ,with increase in Open-Interest and Volume in Future & Options Segments.It indicates a Negative Trading session for Nifty on the very next day.The overall UPTREND is still intact as there is Flat Movments in VIX and VIX is at down Level  band @ 16.53%.

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