Thursday, February 24, 2011

NIFTY NEXT- Nifty Trading Range for 24Feb 2011


Nifty-Spot Today may Trade with Huge volatility within the Range of 5380-5460. As VIX has Started cooling-off from higher levels. As per our NNI-Nifty Next Indicators which declined to the level of -11% along with fall in volume, suggests that Nifty will find support at 5400 and we may see a Short-Covering today also for higher levels. Buying Nifty-Fut at lower levels is advisable for 5900/6000 for 1-2 months Target. Power Grid will perform well on 24 Feb 2011. 

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NIFTY NEXT- DJ Industrial Average EOD 23Feb2011 Technical Analysis


DJ Industrial Average ended at 12105.8 with a fall of -0.9% as per our Technical Analysis. It has formed a  Long Black Candle on Daily price chart. Leading Momentum Indicators are in Sell zone. It has now Strong Support at 11980 in coming days. 

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NIFTY NEXT- THE TOP 6 NTRADAY STOCKS FOR 24 FEB 2011

STOCKS/SCRIPS™ WWWW.NIFTYNEXT.COM
TRENDS
POWER GRID
POSITIVE
REL INFRA
POSITIVE
RELAICNE
NEGATIVE
TATA MOTOR
NEGATIVE
TATA STEEL

NEGATIVE
SBIN
NEGATIVE


 




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