Monday, June 18, 2012

NIFTY NEXT- Nifty Trading Range for 18 June 2012


NIFTY-SPOT today(18 June 2012) will Open with  Gap Up  & Trade with Positive to Flat Note within the Range of `5150-5173. As per Our NNI-Nifty Next Indicators, which has Gained Huge in Last Trading Sessions also suggests that Nifty will Open with a Gap-Up and See Selling at Higher levels as the Over-All Trend is still 73% Bearish. On Daily Price Chart, Major Momentum Indicators are in Over-Bought Zone. Closing Below `5123 will Make the Index Bearish Further and above `5195 will mark the start of a Bullish Phase.


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