NIFTY NEXT-Nifty Trading Range for 02 Dec 2010

Nifty-Spot today may trade within the Range of 5960-6040 with positive bias. All Major Technical Momentum Indicators has given positive cross-over o daily price chart. ECO, Centre of Gravity and MACD all are now I Bullish Zone .As per NNI-Nifty Next Indicator which declined by -23.50%, is now trading at 3.90% along with increase in open-interest & decline in volume, suggest a Positive Trading session. Our Nifty Short-term target now revised to 6240.

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FII Data Updates for 01 Dec 2010

(Rs. in Crores)

Reporting Date Equity Debt Gross Purchases Gross Sales Net Invest. Gross Purchases Gross Sales Net Invest. 01/12/2010 5380.60 4189.90 1190.70 349.50 988.70 -639.20 30/11/2010 3374.20 3102.00 272.20 418.40 796.90 -378.50 29/11/2010 4359.20 5031.10 -671.90 75.10 1002.90 -927.80 26/11/2010 6475.80 7008.00 -532.20 273.60 507.40 -233.80 25/11/2010 5296.70 3521.20 1775.50 227.50 139.00 88.50 24/11/2010 2857.30 4253.50 -1396.20 982.30 776.00 206.30 23/11/2010 2913.10 2387.20 525.90 582.20 681.70 -99.50

Call NiftyNext # +91-880 2230 836 For Paid Calls or Email at MAIL@NIFTYNEXT.COM Know More About Your Packages For Best Performance in Stocks Markets @ http://bankniftynext.blogspot.com

NIFTY NEXT-Nifty Trading Range for 01 Dec 2010

Nifty-Spot today may trade within the range of 5840-5900.As per our Technical Analysis, NNI is positive in the last trading session by +68.0% along with huge increase in open-interest and volume, suggest a Positive Trading session or Bounch-Back From lower level is imminent. We have revised our Nifty Target to 5929/6240 in short-to-mid term. 

Call NiftyNext # +91-880 2230 836 For Paid Calls or Email at MAIL@NIFTYNEXT.COM Know More About Your Packages For Best Performance in Stocks Markets @ http://bankniftynext.blogspot.com