Thursday, July 8, 2010

NIFTY NEXT: NIFTY EOD TECHNICALS 08 JULY 2010

NIFTY TODAY CLOSES @ 5296 WITH POSITIVE MOVE.OUR NNI-NIFTYNEXT INDICATOR IS POSITIVE AND IT IS @ 4.20 LEVEL WITH INCREASED BY 98%. THE MAJOR CONCERN FOR NIFTY IS THE DECLINE IN OPEN INTEREST & TRADING VOLUME. WE ARE BULLISH ON NIFTY IF IT HOLDS/TRADES ABOVE  THE LEVEL 5314.
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FII DATA UPDATES FOR 08 JULY 2010

(Rs. in Crores)
Reporting Date Equity Debt
Gross
Purchases Gross
Sales Net
Invest. Gross
Purchases Gross
Sales Net
Invest.
08/07/2010 1523.80 1488.60 35.20 1642.90 13.00 1629.90
07/07/2010 1901.50 1526.00 375.50 3316.20 307.00 3009.20
06/07/2010 880.60 1096.80 -216.20 813.10 544.70 268.40
05/07/2010 1802.90 2035.00 -232.10 1194.70 216.50 978.20
02/07/2010 4749.50 4212.50 537.00 1106.00 1499.20 -393.20
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NIFTY NEXT: NIFTY TRADING RANGE FOR TODAY 08 JULY 2010


NIFTY TODAY MAY TRADE WITHIN THE RANGE OF 5295-5340 IN LINE WITH WORLD MARKET,THOUGH TECHNICALLY IT IS WEAL IN CHARTS.TODAY'S CLOSING ABOVE 5312 WILL MAKE THE INDEX BULLISH & MAY CROSS THE RECENT LAST HIGH 5395 INCOMING DAYS.

Call NiftyNext # 880 2230 836 For Paid CAlls. Know More About Your Packages For Best Performance in Stocks Markets @ http://bankniftynext.blogspot.com
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The recommendations made herein do not constitute an offer to sell or a solicitation to buy any of the securities mentioned. No representations can be made that the recommendations contained herein will be profitable or that they will not result in losses. Readers using the information contained herein are solely responsible for their actions. Information is obtained from sources deemed to be reliable but is not guaranteed as to accuracy and completeness. The above recommendations are based on the theory of Technical Analysis and do not reflect the fundamental validity of the Scrip. www.niftynext..com does 't take any Responsibility for any losses arising from using the Stocks Recommendations.
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