Monday, February 21, 2011

NIFTY NEXT- Nifty Trading Range for 21 Feb 2011


Nifty-Spot today may Trade with Huge Volatility within the Range of 5425-5475.VIX has increased to 24.18% in last Trading session. Volatility Skew of Nifty Options suggest that Nifty  will find Support at 5400 and Resistance at 5700.Technically  Nifty  is In Mid-Term Uptrend .As per our NN-Nifty Next Indicators which declined by huge -4100% on 18Fb2011 along with increase in volume & traders interest, Suggest a Flat to Negative Trading Session for Nifty on 21 Feb 2011.

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