Thursday, December 2, 2010

NIFTY NEXT-Nifty Trading Range for 02 Dec 2010


Nifty-Spot today may trade within the Range of 5960-6040 with positive bias. All Major Technical Momentum Indicators has given positive cross-over o daily price chart. ECO, Centre of Gravity and MACD all are now I Bullish Zone .As per NNI-Nifty Next Indicator which declined by -23.50%, is now trading at 3.90% along with increase in open-interest & decline in volume, suggest a Positive Trading session. Our Nifty Short-term target now revised to 6240.

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