Wednesday, October 27, 2010

NIFTY NEXT-Nifty Trading Range for 27 Oct 2010

Nifty-Spot today (27Oct2010) may Trade with Flat to positive not within the Range of 6120-6075.6101 will be a strong Resistance for Index. All Major Momentum Indicators are still in Bull Zone. As Per our NNI-Nifty Next indicator which is now trading at +79.0%, is not supported by Increase volume, indicates that today we may see Sell-Off from higher levels, due to Expiry week. The under-tone is positive as  Vix  is declined to the level of 20.55%. Our Nifty Next Target is 6340 is still intact.
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Tuesday, October 26, 2010

NIFTY NEXT- TOP 6 INTRADAY STOCKS FOR 27 OCT 2010

STOCKS/SCRIPS™ WWWW.NIFTYNEXT.COM
TRENDS
TITAN

TATA STEEL

DENA BANK

RELAICNE

SBIN

REL CAPITAL






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NIFTY NEXT-Nifty EOD 26 Oct 2010 Technical Analysis (Bullish On 27Oct2010)


Nifty –spot today (26Oct2010) ended with a decline of -0.4% to the level 6082,below its 20DMA at 6101.07.It has formed a Bearish Engulfing on Daily Price Chart. Major Momentum Indicators , such as Centre of Gravity, UCI & MACD are now in Buy Zone, while  Schaff Trend Cycle is moving south-ward. As per our NNI-Nifty Next Trend Finder which gains for 2nd day by +30% is now trading at +79 level, along with increase in Open-Interest & Decline in volume.NNI is now suggesting a Bullish Trading Session for Nifty Index on Tomorrow 27 Oct2010.Our Nifty Target 6340 is still intact.

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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