Tuesday, June 7, 2011

NIFTY NEXT- Nifty Trading Range for 07 June 2011


Nifty-Spot today (07 June 2011) may trade with huge volatility within the Range of 5495-5535 with Negative Bias. As per our NNI-Nifty Next Indicators, which declined by -645 in last trading session , suggests that Nifty will trade with Negative Note on 07 June 2011. On Technical Price Chart, Major Momentum indicators are still showing weakness. We are Still Holding the Nifty Downward Target of 5000.Bulls force are not moving upward on Price Chart.

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