NIFTY NEXT-Nifty Trading Range for 21 Sep 2010

Nifty Today (21 Sep2010) may Trade with Postive Note within the Range of 6005-6038.As per Our NNI-Nifty Next Indicators ,which is at +8.35%  with a marginal decline of -8.60%, indicates a Postive Trading session today.It also indicates that Shorts are being covered at higher levels which is pushing the  Index to the Higher levels.If Nifty Trades above 6038 today, then we may see the level of 6055/6067 today itself,paving the way for 6132 in next trading session.

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NIFTY NEXT- Best Stocks To Trade Intrday 21 Sep 2010

STOCKS/SCRIPS™ WWWW.NIFTYNEXT.COM	TRENDS
SESA GOA ICICI BANK	POSITIVE POSITIVE
RELAICNE	NEGATIVE
TATA STEEL	NEGATIVE
TATA MOTORS	NEGATIVE
BHARTI AIRTEL	POSTIVE
R COM	POSTIVE

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NIFTY NEXT-Nifty EOD 20 Sep 2010 Technical Analysis (Bullish on 21 Sep 2010)

Nifty Today (20 Sep 2010) closes at 5980.45 with a Spike of + 1.60%.It  ends with  Formation of White Opening Marubozu Bullish Candle Pattern on Daily Price Chart. All Major Momentum Indicators ie Stochastic & MACD are  now in Overbought Zone.The early Trend Reversal indicator PPE has give today Sell Signal. The Nifty Next Trend Finder is still Positive and it is Uptrend with 100/96.88 Upmove Ratio. Our NNI- NiftyNext Indicator today  stand at +8.35% with a Decline of -9.0% along with increase in Open-Interest and Volume,suggest a Postive move for next few days more upto the level of  6132.

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