NIFTY Performed on Friday:
The Nifty futures closed and settled finally at 5533.80 down by – 24.65 points or -0.44 %. And Bank Nifty Futures shut stop at 10785 down by -40.95 points or -0.38 %.
Prediction of MoneyMunch.com Intraday
(Disclosure: Yesterday, last hrs given to BUY Nifty Future Call at 5545-5550 to Yahoo group members and Subscribers too for the targets 5600 above positional)
Target achieved and Booked Profit…!
What for Today…?
Selling may continue up to 5542-5544 zones for time being.
Multiple Hurdles at 5568 level & at 5570-5572 zone
Watch Intraday Targets 5465-5544
(Sell NIFTY Future 5540 below if trade 5-10mintues and Go for targets 5511-5468 and position will RED 5435-5398)
MORE UPDATE FOR SUBSCRIBERS ONLY DUE TO LIE TRADING HRS.
Positional Trend with Levels
(Updated on 20-5-2011)
Buying Zone 5370-5390
(This zone is trend changer which can lead to nifty up direction for positional, mean this support is able to move NIFTY 5578 above for shortly)
Target achieved 5608 High of Friday
After the crossing 5600…NIFTY will enter into the bullish zone for targets 5755-5811 in 1-3 months only)
Yes, My Subscribers are waiting for out short Term targets 5536-5580 (ALL Targets achieved)
My Subscribers and My yahoo Group members Enjoyed 200 Points NIFTY Future Positional Profit, Didn’t it…?
Technical Data-Sheet on NIFTY SPOT:
LAST(03/06) CLOSE@5516 (-34 POINTS)
LAST HIGH@5604 LOW@5507
WEEKLY HIGH@5604 LOW@5328