Tuesday, October 12, 2010

NIFTY NEXT-Nifty Trading Range for 12 Oct 2010


Nifty-Cash Today may trade with Negative to Flat note within the range of 6115-6160.All major momentum indicators are   now in negative zone or given negative cross-over on daily price chart. Our NNI- Nifty Next Indicators which declined by -6.80% to the level of +8.40% along with decline in Open-Interest & Volume, suggest a Negative to Flat Trading session Today. If the bearish tone bugs  then Reliance will be Index  Dragger & SBI will be the Saver for Today.

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