Wednesday, December 22, 2010

NIFTY NEXT-Nifty Trading Range for 22 Dec 2010


Nifty-Spot today may Trade with Positive Bias within the Range of 5990-6038.As per Our Analysis, all major Technical Indicators are in Positive Zone. Nifty Next Trend Finder  is in Positive Zone also.NNI- Nifty Next  Indicators which gained by +0.50% in last Trading Session  is now at +7.5% , with increase in Open-Interest and decline in Volumes, suggest a Flat to Positive Trading Session today. Sugar and Large-Cap Banking stocks will see the most Activity Today. Holding Long with Strict  Stop-loss  at 5980(On Nifty-Spot) is advisable. 

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