Wednesday, October 20, 2010

NIFTY NEXT-Nifty Trading Range for 20 Oct 2010(Bearish)


Nifty Today (20Oct2010) may trade with Negative Note within the Range of 6015-5974.As per Our NNI-Nifty Next Indicators analysis, which turns down by -60.0% in last trading session , is now at +11.50, along with decline in Open-Interest and Increase in Volume, suggest a Negative Trading Session for Today. INDEX based stocks will see more selling today(R elianc e ,ICICI Bank, SBI & IT Stocks mainly) to fund the Cola India IPO. The Under tone of market is still positive in Future Segment.Nifty has strong Support at 5997 for today. Trading below 5997 will take Index to lower levels @ 5688 in short Terms.

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Tuesday, October 19, 2010

NIFTY NEXT- TOP-6 INTRADAY STOCKS FOR 20 OCT 2010

STOCKS/SCRIPS™ WWWW.NIFTYNEXT.COM
TRENDS
INFOSYS

SBI

BIOCON

RELIACNE

ICICI BANK

TATA STEEL






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NIFTY NEXT- Nifty EOD 19 Oct 2010 Technical Analysis(Bears are Killing)


Nifty-Spot today (19Oct2010) closes at 6027.30  with trip-off from its higher level of 6127.05 by -0.80% with formation of a Long Black Candle on Daily Price Chart. All New Age momentum Indicators UCo, UCI & MACD are now in Sell Zone. Today   on EOD  price chat we have seen a interesting fact that after a long back(Say 20 days), Our NNTF-Nifty Next Trend Finder Turns negative. As Per our NNI-Nifty Next Indicators which decline by -60.0% is trading at +11.50% along with decline in Open-Interest  & Increase with Volume.VIX is also increased by + 3.9% to the level of 23.23%. All indicates a Bearish Trading session for Tomorrow (Wed 20Oct2010).Nifty-spot now has strong Support at 5997.

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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