Thursday, October 3, 2013

NIFTY NEXT- Nifty Trading Range for 03 Oct 2013 with Price Target

Nifty-Spot today (03 Oct 2013) will Trade with Flat to Negative Note within the Range of `5762-5723. As per Our NNI-Nifty Next Indicators, which has Decreased in the Last Trading Session by above -10% suggests   that   Negative  Movement for Index. As per Daily Price Chart, Major Momentum Indicators are in Over-Bought Zone. After Mining the F&O Data, the Overall Trend is in Bearish Mode. If Nifty-Spot Closes above   the level of ` 5801 then these Up-Trend will continue in coming days. Nifty-Spot will touch the level of` 5606 if it ends below 5723 in the coming days. YESBANK, DLF, SBINSBIN, ICICIBANK, AXISBANK, MCDOWELL-N, RELIANCE, Bharat Forge, HCL Technologies, Power Grid, Idea Cellular, Tata Power, Tata Global will be Traders’ Picks for  Today’s Trading Session.
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