Tuesday, October 5, 2010

NIFTY NEXT-Nifty Trading Range for 05 Oct2010


Nifty today (05 Oct2010) may Trade with Negative to Flat note within the Range of 6155-6220.As Per our NNI-Nifty Next Indicators analysis, which is declined by -11.20% to ends up at +6.45% in last Trading Session, suggest the same flattish Trading Mode in Nifty today. Today we may open in Red around 6170 Range and may see the Down-Covering in the 2nd Half of   Trading. Our Weekly Target of Nifty 6317 is still intact. We don’t suggest to  carry our Shorts on BTST basis.
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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Monday, October 4, 2010

NIFTY NEXT- TOP-7 STOCKS FOR INTRADAY TRADES 05 OCT 2010

STOCKS/SCRIPS™ WWWW.NIFTYNEXT.COM
TRENDS
UCO BANK

BHUSANSTEEL

TATA STEEL

SESA GOA

RELIANCE

IFCI

TATA MOTOR






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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NIFTY NEXT- Nifty EOD 04 Oct2010 Technical Analysis


Nifty Today(04 Oct2010) closed at 6159.45 with a modest gain of +0.30%.It  loses all its gain from Higher (6222.10) level s due to heavy selling in  Big Index Based Stocks. Nifty has formed a   Shooting  Star Candle Pattern on Daily price chart. Major Momentum Indicators I e PPE, MACD and Short & Mid-Term Indicators are still in Positive while W%R & Stochastic has given negative cross-over on daily price chart. As Per our NNI-Nifty next Indicator which is down by -11.20% and it is at 6.50%, with increase in Open-  Interest and Decline  in Volume, suggests  a mild decline in Nifty on Tomorrow (05 Oct 2010).6400 Call & 6200Put has seen huge Traders Interest today. Nifty may BOUNCH Back from its lower level  tomorrow ,likely around 6135 level. Our Nifty Target 6317 is still intact for this 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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The recommendations made herein do not constitute an offer to sell or a solicitation to buy any of the securities mentioned. No representations can be made that the recommendations contained herein will be profitable or that they will not result in losses. Readers using the information contained herein are solely responsible for their actions. Information is obtained from sources deemed to be reliable but is not guaranteed as to accuracy and completeness. The above recommendations are based on the theory of Technical Analysis and do not reflect the fundamental validity of the Scrip. www.niftynext..com does 't take any Responsibility for any losses arising from using the Stocks Recommendations.
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