NIFTY NEXT- Nifty Trading Range for 06 Feb 2012

Nifty-Spot today (06 Feb 2012) will Trade with Positive note within the Range of `5334-5369.As per Our NNI-Nifty Next Indictors, which gained huge by +170% , suggest that Nifty will Trade with Positive Note. The main concern is that Decline in Volume, which indicates that Nifty may Find Resistance at Higher levels and may See Selling from TOP. On Technical Price Chart, major momentum indicators are in Over-Bought Zone. If Nifty Trades & Holds `5383, then We may See our Nifty at `5463 in Short-Term.

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NIFTY NEXT-TOP 7 STOCKS FOR 06 FEB 2012

STOCKS/SCRIPS™ WWW.NIFTYNEXT.COM	TRENDS
SBIN
ICICI BANK
TATA STEEL
DLF
RELIANCE
JP ASSOCIATES
BHARTI AIRTEL

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SANGHVIFOR-A MultiBagger,Buy/Sell/Hold,Growth Pospects and Recomendation,News and Results,Target Price and Analysis,Views and Outlook

SANGHVIFOR closes  at  ` 33.55  with a gain   of +19.80 % on 03 Feb 2012 with formation of  Bullish Morning Dozi Star Candle  on Daily  Price Chart .Technically, SANGHVIFOR  is looking Over-Bought on Charts.

We Recommend to SELL -  SANGHVIFOR at `33.55

Target- `28.040/26.20

Stop Loss-`13.83

Time Frame- 5-10 Trading Days
Editor’s Note : This Article is written by Vina S Singh, Senior  Chartist at  www.niftynext.com , which is a Technically Based Quant Research Firm at M/S Durgapur Holdings in Durgapur, West Bengal, India that covers all Stocks(Trades at NSE) & In-Depth Analysis of Indian Equity Market,Major World Indicies,Bonds,ETFs. We use Ami Broker Charting Software (V-5.50),Pattern Explorer & AmiTools-Power Scan(V-1.3.6).You can reach the Chartist here mail@niftynext.com Or Over Phone at +91 80171 98633 Or SMS at +91 880 2230 836/ 8927670565.