Monday, August 16, 2010

NIFTY NEXT- BEST STOCKS TO TRADE 16 AUG 2010

RELIANCE,UNITECH,SBI,CAIRN INDIA,DELF,TATA STELL,SUZLON,TATA MOTORS, RCOMWILL BE THE MOST ACTIVE STOCKS TO TRADE IN INTRADAY TODAY.
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NIFTY NEXT- NIFTY TRADING RANGE FOR 16 AUG 2010



Nifty Today(16 Aug 2010) may  Trade with  Flat Note within the Range of 5415-5450.NNI-nifty next indicators is postive and it is @ +2.24% ,indicates a Flat move for Nifty.Both the levels are crucial in Closing of Nifty on Daily basis.We may go  long in nifty if it trades and holds 5450 level.Our Niftynext Trend Finder 11EMA is @ 88.56, indicates some steam is still left for nifty to move up to the level of 5600 in coming days.From Futures & Options analysis, we find that 5600/5700 are actively Traded  in last trading sessions.So We may go long if Nifty Trades above 5450 level.
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Friday, August 13, 2010

NIFTY NEXT- NIFTY EOD TECHNICAL ANALYSIS 13 AUG 2010



Nifty Today (13 August 2010) Closes at 5452 with  Gains of 0.7%. Jet Air gained the max by +11.27% and  Sterlite was most down -4.09% stocks in Today’s Trading. Our NNI-Nifty Next Indicators is postive and it is at +2.25%, increased by +43% along with  increase in Open Interest and Decline in Volume in Futures & Options Segments only.Nifty has formed a Bullish Morning Dozi Star candle on EOD charts with Donchain Channel(UP)  at 5492.30., where Nifty May face strong Resistance in Coming Days. 5300 Put and 5600 Call were Traded heaviley  in Today’s Options segments

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