NIFTY-FUT is finding 5921 a Strong Resistance. If Nifty-Fut Trades & Holds 5921 then Today we may see 5945/65 on Intraday Basis..
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Tuesday, December 14, 2010
NIFTY NEXT-Nifty Trading Range for 14 Dec 2010
Nifty Spot today may Trade with great volatility within the Range of 5875-5945 with Flat to Positive Bias .As per Our NNI-Nifty Next Indicator which gained by almost +33.0% in last trading session also suggest the same positive Trading session for Index. We have revised our Nifty-Spot Short Term Target to 62240.
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Monday, December 13, 2010
NIFTY NEXT-Nifty EOD 13 Dec 2010 Technical Analysis
Nifty-Spot today ended with a gain of +0.9% at 5907.65.It has formed a Hammer on Daily Price Chart. As Per Our NNI-NiftyNext Indicators which gained by +34% in last trading session is now at 9.20% along with marginal increase in Volume & Open Interest , suggest a Positive Trend for the Nifty on Tomorrow.
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