Friday, February 10, 2012

NIFTY NEXT- Nifty Trading Range for 10 Feb 2012

Nifty-Spot today (10 Feb 2012) may Trade with Flat to Negative Note within the Range of 5371-5430. As per Our NNI-Nifty Next Indicators, which has gained with Decline in Volume in Last Trading Sessions, suggests that Nifty Will Find High Resistance at Higher levels today and may see Selling at Higher levels. On Technical Chart, Major Momentum indicators are also In Over-Bought Zone. Both the Levels are very crucial in natures for Trend Determinations. Avoiding Long at this Time will be Prudent.
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