Tuesday, February 1, 2011

NIFTY NEXT- NIFTY EOD 10 MINS TECHNICAL CHART ANALYSIS 01Feb 2011

NIFTY-SPOT  today ended at 5417 down by -1.7%.It started sliding from its early Trades.It has formed a Bearish Engulfing Candle pattern on 10 Mins Price Chart.
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NIFTY NEXT-NIFTY 1 MINS TECHNICAL ANALYSIS 01 FEB 2011


NIFTY-fut  is now Trading at a Premium of 14 Points to the spot @ 5437.Nifty-Fut is showing Further weakness on 1Min price Charts. It may  see the level of 5425  today.

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NIFTY NEXT-Nifty Trading Range for 01 Feb 2011


Nifty-Spot today may Trade with Huge volatility within the Range of 5490-5530.Both the levels are very crucial for Trend Catcher. Nifty  has given Positive signals on Hourly Charts. As per Our NNI-nifty Next Indicators, it suggest a Flattish Trading DAY for Nifty. Volatility Skew for Nifty Options indicates Flat bias as VS for Calls are increased on marginal. Banking Stocks will Catch the Traders Eye on 01 Feb 2011.

Call NiftyNext # +91-880 2230 836 For Paid Calls or Email at MAIL@NIFTYNEXT.COM Know More About Your Packages For Best Performance in Stocks Markets @ http://bankniftynext.blogspot.com
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