Wednesday, November 10, 2010

NIFTY NEXT- TOP-6 INTRADAY PICKS FOR 10 NOV 2010

STOCKS/SCRIPS™ WWWW.NIFTYNEXT.COM
TRENDS
IFCI

SBI

TATA MOTOR

TATA STEEL

RELIANCE 

POWER GRID





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Tuesday, November 9, 2010

NIFTY NEXT-Nifty EOD 09Nov2010 Technical Analysis


Nifty-Spot today ended at 6301.55 with a gain of 0.5% with formation of Bullish Harami  Candle on Daily Price Chart. All major Technical Indicators are still in Positive zone. As per our NNI-Nifty Next Indicators which gaines  by +43% is now Trading at +11.50% along with increase in Volume and Decline in Open-Interest suggests a Positive Trading Session and Decline from Higher Level.6300 Put has seen huge Trading activity.

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NIFTY NEXT-Nifty Trading Range for 09 Nov 2010


Nifty-Spot today may Trade with Huge Volatility and May test the Patriotism of Traders, both Bulls & Bears. Index may trade with in the Range of 6251-6321.All Technical Indicators are in Buying mode and paving the way for 6400 in coming days.NNI is  increased by +120.0% in last Trading session, is now trading at +8.0%, suggest that a Bounch -Back From Lower level is on cards OR a Positive Trading session for Today.6234 is now strong support & 6321 is Strong Resistance for this week. Accumulation at lower Points may be a Profitable Trade.
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