Tuesday, May 31, 2011

NIFTY NEXT- Nifty Trading Range for 31 May 2011


Nifty-Spot today (31May2011) my trade with Flat to Positive note within the Range of 5467-5519.VIX has increased by +3.59% to 17.87 in last trading session. On Technical Price Chart, major momentum indicators are fighting for Moving upwards and finding Resistance at every higher levels. PCR-Vol has increased by+2.88% to +1.08 level, supports the Bulls. As per Our NNI-Nifty Next Indicators, which gained by +30% on 30th May 2011, along with Traders Hope for Bull-Run, suggests that Nifty will Trade with Flat to Positive note on 31 th May 2011.

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