NIFTY NEXT-Nifty Trading Range for 04 Feb 2011

Nifty-Spot today may Trade with Flat to Negative note within the Range of 5470-5539.Volatility Skew of Nifty Puts are increasing while the value for Calls are declining for Feb 2011 series.  MACD has started moving upward on daily price chart. As per our NNI-Nifty Next Index which increased by +20% in last trading session with decline in volume  suggest a Flattish Trading session on 04 Feb 2011 for Nifty.Banking stocks will be the Eye-Cather of Traders Today.

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- THE TOP 6 INTRADAY STOCKS FOR 04 FEB 2011

STOCKS/SCRIPS™ WWWW.NIFTYNEXT.COM	TRENDS
ICICI BANK	POSITIVE
TATA MOTOR	NEGATIVE
SBIN	NEGATIVE
DLF	NEGATIVE
RELIANCE	NEGATIVE
IDFC	NEGATIVE

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 EOD 03Feb 2011 Technical Analysis

Nifty-Spot today ended at 5526 with a gain of +1.7% with formation of a Bullish Engulfing Candle on Daily price chart. Major Technical Indicators Spearman , MACD & OMO Trade System has given positive Cross-over on Daily price Chart. Today’s gain is not supported by increase in volume. As per Volatility Skew of Nifty Options , Puts are increasing while Calls are declining, indicates tomorrow 04 Feb 2011, nifty may again See Selling .As per NNI-Nifty Next Indicators which increased by + 20% along with  nominal increase in Traders’ Interest & Decline in volume, suggest Tomorrow on 04 Feb 2011, Nifty may see a Bearish Trading Session. 

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