Nifty Views For 04 Dec 2014

Tomorrow ( 04.12.2014) Nifty will Trade in Negative Zone and We may see a Bounch Back from its lower levels

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NIFTY NEXT- NIFTY ended at 8537.65 on 03 Dec 2014

Nifty-Spot ended at 8537.65 with a marginal gain of +12.90 points with formation of a Bullish Morning Doji Star candle on 1 min Price Chart. It has made Day’s High at 8546.95 and Low at 8508.35.

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NIFTY NEXT- NIFTY Trading Range for 02 Dec 2014

Nifty-Spot today (02.12.2014) will trade with Negative Note within the Range of 8451.90-8572.90. As per our NNI which has declined by -9.50% in last trading session is now Trading at 7.45, which suggests that Index will trade with Negative Bias. Major momentum indicators are now in overbought zone. Nifty Has now strong Support at 8451.90 and Resistance at 8597. MINDTREE will be best stocks for Intraday Trading.
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