Wednesday, August 11, 2010

NIFTY NEXT- NIFTY TRADING RANGE FOR 11 AUG 2010

Nifty may trade today (11 Aug 2010) with Flat to Negative Note within the Range of 5430-5460.Our NNI-Nifty Next Indicator is Just +0.10%, o in the verge of Trend Reversal Today itself.Our Trend Finder is still in Up-Trend & Today's closing in red will make this Indicator Weak.Nifty Has Strong Support for today at 5420.5400Put and 5700 Call was most Active in Future and Options Segments in last trading sessions.We maintain Long Position in Nifty for Target of 5700 with Stop-Loss  at 5400 for this Month(Aug2010).
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