NIFTY NEXT- Nifty Trading Range for 03 Oct 2013 with Price Target

Nifty-Spot today (03 Oct 2013) will Trade with Flat to Negative Note within the Range of `5762-5723. As per Our NNI-Nifty Next Indicators, which has Decreased in the Last Trading Session by above -10% suggests   that   Negative  Movement for Index. As per Daily Price Chart, Major Momentum Indicators are in Over-Bought Zone. After Mining the F&O Data, the Overall Trend is in Bearish Mode. If Nifty-Spot Closes above   the level of ` 5801 then these Up-Trend will continue in coming days. Nifty-Spot will touch the level of` 5606 if it ends below 5723 in the coming days. YESBANK, DLF, SBINSBIN, ICICIBANK, AXISBANK, MCDOWELL-N, RELIANCE, Bharat Forge, HCL Technologies, Power Grid, Idea Cellular, Tata Power, Tata Global will be Traders’ Picks for  Today’s Trading Session.

Call NiftyNext # +91 80171 98633 Or SMS NiftyNext @ 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

Cairn India (CAIRN)-A MultiBagger,Buy/Sell/Hold,GrowthPospects and Recomendation,News and Results,Target Price and Analysis,Views and Outlook,Hot Stocks/Picks

CAIRN Closes at `317.75 with a Fall of -0.30%  on 01 Oct  2013 with formation of a Small Black/Red  Candle on Daily  Price Chart with Huge Delivery Volume. Technically, CAIRN  is Looking Week  on Daily Charts. Major Momentum Indicators Like RSI & Schaff Trend Cycle are  Showing Weakness on Daily Price Chart.

We Recommend to BUY/SELL/ACCUMULATE: CAIRN  at CMP

Target :`315/295                   

Stop: Loss :`320.00       

Time Frame:5-15Trading 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-5.63),Pattern Explorer(V-4.25)&AmiTools-Power Scan(V-1.3.6).You can reach the Chartist here mail@niftynext.comOr Tel : +91 80171 98633 Or SMS:  +91 880 2230 836.

                                                                                                      

NIFTY NEXT- Nifty Trading Range for 01 October 2013 with Price Target

Nifty-Spot today(01 Oct 2013) will Trade with Flat to Positve Note within the Range of `5711-5784.As per Our NNI-Nifty Next Indicators, which has Increased  in the Last Trading Session of 2013 by above+14.00% suggests Positive  Movement for Index. As per Daily Price Chart, Major Momentum Indicators are in Bearish  Zone. It has formed a Long Black Candle on Daily Price Chart.After Mining the F&O Data, the Overall Trend is Still Intact and in Bullish Mode. If Nifty-Spot Holds the level of `5711 then these Up-Trend will continue in coming days. SBI,AXIS BANK,ICICI BANK,YES BANK,RELIANCE,HDFC BANK,ITC,CAIRN, Religare Enterp., Sun Pharma.Inds, Hind. Unilever, Glenmark Pharma will BE  Traders’ Picks for Today’s Trading Session.

Call NiftyNext # +91 80171 98633 Or SMS NiftyNext @ 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