Friday, October 22, 2010

NIFTY NEXT-Nifty Trading Range for 22 Oct 2010


Nifty-Spot   today may Trade wit in the Range of 6099-6154   with Flat to Positive Bias or may see Sell-Off from higher levels. All   Major Technical Indicators ADX, MACD, RSI are now in the Buy Mood( Have given Positive Cross-over).Our Own NNTF has also moved up  giving a BUY signal. As Per NNI-Nifty Next Indicators which gained by +47% in last Trading session along   with   Volume suggest the above Trading bias. We have Revised our Nifty Next Target to 6238/6475 achievable within 15/30 Trading session.

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