Tuesday, October 26, 2010

NIFTY NEXT-Nifty Trading Range for 26 Oct 2010


Nifty-Spot today (26Oct2010) may Trade with flat to Positive note within the Range of 6099-6160. 20DMA which is now at 6099 will act as a Strong support for Index. The Centre  of Gravity of Index has given Buy signal on Daily Price Chart with Upper Target for Nifty 6340. As per Our NNI-Nifty Next Indicator which gains by +55.0% , is now at +61.0% supported by huge open-interest & Volume. Our Nifty Next Trend Finder (NNFT)is also moving Upward.NNI  suggest a Positive ( sudden Up-ward move from lower level)Trading Session for Today.

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