Friday, December 10, 2010

NIFTY NEXT-Nifty Trading Range for 10 Dec 2010

Nifty –Spot today may  Trade with Flattish Note within the range of 5754-5785.As per Our NNI-Nifty Next Indicators which declined with huge volume and open-interest in last Trading session, is now trading at +4.0%, suggests that Fall may last few Trading sessions more. If today nifty  holds the level of 5754, then we may assume that the Trend is reversed or we may see the 5946 in by Dec 2010 Expiry or else 5670 within 5 Trading Sessions.

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