Sunday, November 7, 2010

NIFTY NEXT-Next Target of Coal India Shares

Coal India shares soars after listing at 291 on 04Nov2010 & makes new high of 356.5 on Muhurat Trading )05Nov2010). On the 2nd day CIL has seen huge profit booking at higher levels around 356.We have picked Coal India for our Modern Portfolio Picks. On analysizing the 2 Days price movement of CIL, it has strong resistance at 356 & Support at 346. All major technical indicators are positive for CIL. Due to lack of Data for Technical Analysis, we are unable to guage the NNI & NNTF for CIL. We suggest the Traders to Book Partial Profit in CIL at 360-366 level on Monday(08Nov2010) & re-enter at 315-325 level by next week(15-19 Nov2010)
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Friday, November 5, 2010

NIFTY NEXT-Nifty Trading Range on Special Muhurat Trading 05 Nov 2010

Nifty-spot Today may trade with Positive Note within the Range of 6311-6351 and may see/Close above its Life-Time High today. All Major Technical Indicators are in Positive zone. Our NNFT-Nifty Next Trend Finder is inching in upward direction and well Know Schaff  Trend Cycle is also moving Upward. As Per our NNI- NiftyNext Trend finder which is now at +5.50% , suggest a Huge Bull Run In coming days. We have revised our Nifty Target 6413 for Short-Term.
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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Thursday, November 4, 2010

NIFTY NEXT-Coal India- On & After Listing

Coal India today(04Nov2010) listed today on NSE/BSE and closed at 342.55 after Hitting day ’s High at 344.90.CIL hits our Listing Target 325/350 on the very Listing days. On Technical Front, CIL has seen huge Buying Interest today that we are forced to Look-into   this  scrips . After extensive analysis with Our NNI-Nifty Next Indicators on Coal India 1Min Technical Chart, we have increased our Upper Price Level for Coal India Ltd  at 650 by Post Q4 Results of 2011.We recommend a Buy at every level in CIL, A perfect gem for Anyone’s Portfolio
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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