Monday, August 23, 2010

NIFTY NEXT- Nifty Trading Range for 23 Aug 2010


Nifty May Trade today (23 Aug 2010) with a Flat to Postive Note within the Range of 5515-5545.NNI- Nifty Next Indicator is Marginally Negative in Last Trading Session and it is at -90% increased by +24%, which indicates a Flat to Postive Trading Session For Index.MACD and CMI  has also given a Positive Signal  on Daily Charts.5600 Call is also most active Option .Going Long For Nifty with Strict Stop-Loss @ 5490 for the Target of 5600/5700 is Prudent till Aug Expiry.   

Call NiftyNext # 880 2230 836 For Paid Calls. Know More About Your Packages For Best Performance in Stocks Markets @ http://bankniftynext.blogspot.com
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Saturday, August 21, 2010

NIFTY NEXT- NSEIT INDEX ON NEXT WEEK 23-27 AUG 2010

NSE IT Index Closes at 6128.60 on Last Trading session(20Aug2010), down by -0.90%.It closes below its 20DMA level 6162, showing  weakness for IT Sectors.On Technical Chart MACD is showing weakness on (EOD Charts). It has Strong Support @ 6057/5750 level. The Polarized Fractial Efficiency  turns Negative along with another Short-Term Trend Reversal Indicators-Universal Cycle Index, applicable for 5-14 Days.The Nifty Next Indicator is also showing Weakness in Daily Charts.Going Short in NSE IT index for Target of  5994/5933 with Stopl-Loss at 6151/6218.Index Based IT Stocks Are also showing Weakness on daily Charts.
Call NiftyNext # 880 2230 836 For Paid Calls. Know More About Your Packages For Best Performance in Stocks Markets @ http://bankniftynext.blogspot.com
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Friday, August 20, 2010

NIFTY NEXT- BANK NIFTY ON NEXT WEEK 23-27 AUG 2010



Bank Nifty Closes at 11.033.80 DOWN BY 0.70% ON 20Aug2010.It closes above its 20DMA ,50DMA & 200DMA AT 10502,10015,9341 Respectively with a Bearish Harami Candle formation on Daily Charts.
The Nifty Next Trend Finder for BankNifty is getting exhausted and it starts showing weakness on Daily Charts.We may Go Short for Target of 10945 and 10847 with strong Rersistance at 11130/11196 for  the
Coming Week. 

Call NiftyNext # 880 2230 836 For Paid Calls. Know More About Your Packages For Best Performance in Stocks Markets @ http://bankniftynext.blogspot.com
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