Thursday, October 28, 2010

NIFTY NEXT-NIFTY Trading Range for 28 Oct 2010(Gap Filling Today)


Nifty-Spot today(28 Oct2010) may trade with volatility within the Range of 5983-6038 due to expiry .All Major Technical Indicators are now in Sell-Zone. As Per NNI-Nifty Next Indicators which gains by +92.0% is now Trading at +151% along with Huge Increase in Open-Interest & Volume Suggest that Today We may See A Sudden Gap-Fill Up or Gap-Up opening. We suggest the Trades that Don’t Carry Shorts in Bags. Index is in correction phase for Only Ultra-Short Term, say 7 Days only. It has strong support at 5960/5830 while Resistance is at 6150.We are still maintain the Nifty Target at upper band 6340

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NFITY NEXT-TOP 7 INTRADAY STOCKS FOR 28 OCT 2010

STOCKS/SCRIPS™ WWWW.NIFTYNEXT.COM
TRENDS
RCOM

INFOSYIS

RELAICNE

TATA STEEL

ICICI BANK

SBI

IDBI




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

NIFTY NEXT-Nifty EOD 27 Oct 2010 Technical Analysis.


Nifty –Spot T oday ended with a  negative session  with a decline of -1.1% to 6012.65. It has formed a Three Out-Side Down Candle pattern on Daily price chart. All Major Technical Momentum Indicators are in Sell-zone. Schaff Trend Cycle is moving southward direction .Our NNI- Nift yNext  Indicator  today Gained by +92% is now trading at +151%, along with huge increase in Open-Interest and Volume suggest a Gap-up Opening or Gap-Down Fill-Up or A Positive Trading session for Nifty on Tomorrow Trading session.

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

Disclaimer

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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