Friday, May 6, 2011

NIFTY NEXT- Nifty Trading Range for 06 May 2011


Nifty-Spot today may Trade with huge volatility within the Range of 5410-5485.VIX has increased by +2% to 21.60 level on 05 May 2011.On Technical Price chart, Nifty is weak. Major Momentum indicators are still in bearish zone. As per Our NNI-Nifty Next Indicators, which also declined on 05 May 2011 along fall in volume and increase in Trader’s Hope, by -270% is suggesting that Nifty will trade Flattish.5400 will act as a strong Support for Today(06 May 2011). Banking Sector will see sell-off on 06 May 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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Shriram Transport Finance Company Ltd(SRTRANSFIN).-A MultiBagger,Buy/Sell/Hold,Growth Pospects and Recomendation,News and Results,Target Price and Analysis,Views and Outlook


SRTRANSFIN  closes  at Rs. 608.60 with a fall of -9.20% on 05 May 2011 with formation of  Long Black  Candle on Daily  Price Chart. Technically, SRTRANSFIN  is  in oversold zone. It has formed a Bullish-Butterfly pattern on daily price chart. Momentum indicators, are started showing some bullishness on daily price chart.
We Recommend to BUY   – SRTRANSFIN  at CMP
Target-760/837/996
Stop-Loss – 571
Time Frame- 30-40 Trading Days
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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Hero Honda Motors Ltd.( HEROHONDA)-A MultiBagger,Buy/Sell/Hold,Growth Pospects and Recomendation,News and Results,Target Price and Analysis,Views and Outlook


HEROHONDA  closes  at Rs. 1697.45 with a increase of +6.20% on 05 May 2011 with formation of  Long White  Candle on Daily  Price Chart. Technically, HEROHONDA  is looking good daily price charts. Major momentum indicators are in Bullish zone. PIR daily is trading above its weakly value. Swing 350 is also Greeen. Momentum Indicators- Spearman has given bullish cross-over.Centre of Gravity is moving upward from its lower levels, marking a start of new Upmove.
We Recommend to BUY   –  HEROHONDA at CMP
Target-1805/2075
Stop-Loss – 1665
Time Frame- 30 Trading Days
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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