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(Future)
Strongly Bearish
(Support 2242-2222)
This support can help to market and This Stock to fire intraday 2293 and crossing 2300 above…it will boom to 2392-2417 on 2 days of Cards
No Expectation of Bulls below this Support
Lock
Gold & Silver: Gold is looking consolidate where Support – 21794 and Resistance – 22188. We’ll think after crossover anyone (Resistance OR Support). We are watching continue consolidate and moreover safe traders can play one game. There BUY & SELL with small quantity for slight profit. MCX Silver will make similar way like MCX Gold. Where bit different walk style and I’ll say it to my subscribers.
Note: Zinc, Nickel, Copper & Mentha oil looking weak.
If you want to know exact level of MCX Silver, Zinc, Nickel, Copper & Mentha oil than subscribe our service full view of market. To become a subscriber, subscribe to our free newsletter services.
“Expecting small movement for munch money“
Remember or not ?
Click Here for Refresh your memory
I had written on 16 May, 2011 about crude oil
I said 3 targets for Black Gold (MCX Crude oil): 4500 – 4547 – 4580
Our two targets blast & Yesterday made high 4548
Close eyes & Enjoy with Moneymunch!
Remember: Market running crazily, It’s small Trailor – Movie to abhi baki hai..! If you want to see full movie than subscribe with us.
NIFTY Performed on Wednesday:
Markets edged higher in the afternoon session and ended the day on a positive note after engineering conglomerate L&T (Larsen & Tourbo) reported 17% rise in the fourth quarter profit. The S&P CNX Nifty ended at 5,428.10, up 7.50 points or 0.14 %.
The Nifty futures closed and settled finally at 5424.80, up by 0.75 points or 0.01 %.
Positional Trend with Levels
(Updated on 20-5-2011)
Buying Zone 5370-5490
(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)
After the crossing 5600…NIFTY will enter into the bullish zone for targets 5755-5811 in 1-3 months only)
Just, Concentrate on Closing or Breaking!
Breaking of this support is not dangerous for long term investor because next support available for to move up for Nifty to move up… which is between 5240-5278!
Yes, Short term trade can take short position after breaking 5370 for targets 5300-5278…?
Technical Data-Sheet on NIFTY:
Last (19/05) close@5428 (+8 points)
Last high@5452 low@5411
Weekly high@5605 low@5401
5DMA@5466
20DMA@5614
50DMA@5644
200DMA@5756
5-DAY RSI 28 AND 14-DAY RSI 36.
Prediction of MoneyMunch.com Intraday
Refresh your memory…?
On Friday, We sold NIFTY Future 5611-5629…! And Given Targets 5476 to subscribers and yahoo Group me.
Target achieved on Tuesday with Touched 5422
Yes, you can still hold with stoploss 5429 and Read below msg…!
What for Today…?
Hurdle at 5441 level. If Bulls can able to get past this level, then expect short covering up to 5465-5467 zone and thereafter expect a jump up to 5490-5492 zone by non-stop.
Multiple Support at 5410-5412 zone & at 5414 level. Bulls will not allow Bears to dominate below these levels. If broken, then selling may continue up to 5404 level and thereafter slide may continue up to 5386-5388 zone by non-stop.
Below 5377-5379 zone, expect panic up to 5353-5355 zone by non-stop.
On Positive Side, cross above 5498-5500 zone can take it up to 5523-5525 zone by non-stop. Best Oppurtunity for Bulls to Offload their positions and have caution. To become a subscriber, subscribe to our free newsletter services.
NIFTY Performed on Wednesday:
The markets closed in the red for the third consecutive day of the week as heavyweights RIL, SBI and ONGC witnessed selling pressure through the day. The S&P CNX Nifty closed the day down -18.35 points or -18.35 % at 5420.60.
The Nifty futures closed and settled finally at 5424.05, down by -23.35 or -0.43 %.
Positional Trend with Levels
Just watch closing…5459 below…!
Suppose to happen this one….then Targets of Position will be 5366-5321 for traders of short term
Note: This pull is not believable for ending of Bearish Trend but also not confirmation of Bullish fully
Small Risk Opportunity in ADVANCED (Base of Hourly oscillators): Selling levels 5611-5629 and Short Term Targets will 5536-5476, if trades 5630 above for 10minitues…then Exit from Short Position
(Please, Note that we are long with nifty future as mentioned above paragraph, yet we try to book profit 5584 above)
Keep Patience of Accurate single and our levels
(New update will be below 5440 only)
Are you looking for Option Advice…? Just Visit www.MoneyMunch.com and Subscribe today.
Technical Data-Sheet on NIFTY:
Last (18-05-2011) Closed@5420 (-19 points)
Last high@5460 low@5401
Weekly high@5605 low@5401
5DMA@5478
20DMA@5635
50DMA@5644
200DMA@5756
5-DAY RSI 25 AND 14-DAY RSI 35.
Prediction of MoneyMunch.com Intraday
Refresh your memory…?
On Friday, We sold NIFTY Future 5611-5629…! And Given Targets 5476 to subscribers and yahoo Group me.
Target achieved on Tuesday with Touched 5422
Yes, you can still hold with stoploss 5429 and Read below msg…!
What for Today?
Support at 5423-5425 zone. Below this zone, Bears will try to dominate up to 5413 level and thereafter slide may continue up to 5386-5388 zone by non-stop.
Hurdles at 5457 & 5482 levels. Bears will not allow Bulls to cross these levels. If Bulls can able to absorb selling then expect short covering up to 5519-5521 zone and thereafter expect a jump up to 5544-5546 zone by non-stop.
On Negative Side, break below 5373-5375 zone can create panic up to 5336-5338 zone by non-stop. If breaks & sustains this zone then Bears will try to ride and have caution. To become a subscriber, subscribe to our free newsletter services.
NIFTY Performed on Monday:
Today (16-5-11) Nifty opened at 5529 with a loss of 16 points, moved in the range 5488 – 5542 and closed at 5499 with a loss of 46 points. Nifty futures range was 5477 – 5537, having a difference of 60 points. Today also Nifty moved in the lower part of M2 (i.e. 5464 – 5642) though Nifty futures were in 5 – 10 points discount…
Positional Trend with Levels
Just watch closing…5459 below…!
Suppose to happen this one….then Targets of Position will be 5366-5321 for traders of short term
Note: This pull is not believable for ending of Bearish Trend but also not confirmation of Bullish fully
Small Risk Opportunity in ADVANCED (Base of Hourly oscillators) : Selling levels 5611-5629 and Short Term Targets will 5536-5476, if trades 5630 above for 10minitues…then Exit from Short Position
(Please, Note that we are long with nifty future as mentioned above paragraph, yet we try to book profit 5584 above)
Keep Patience of Accurate single and our levels
(New update will be below 5440 only)
Are you looking for Option Advice…? Just Visit www.MoneyMunch.com and Subscribe today.
Technical Data-Sheet on NIFTY:
This data will be after 8 O’clock! On web: www.MoneyMunch.com
Prediction of MoneyMunch.com Intraday
Refresh your memory…?
On Friday, We sold NIFTY Future 5611-5629…! And Given Targets 5476 to subscribers and yahoo Group me.
Target achieved on Monday with Touched 5476
Yes, you can still hold with stop loss 5429 and Read below msg…!
What for Today…?
NIFTY can open 45-67 Points down…!
Selling Pressure: 5497-5522
Just watch 5449-5458 (Support for rebound)
(After breaking this support and stay below it…NIFTY Future can spoil 5421-5403 easily)
Today possibility of bounce back from opening …!
But …?
***After closing 5439(Consecutive of 2 secession) below will heavy fall on face to 5357-5334 easily for positional***
In case of 5522 crossing above with volume…then Panic will become 5548-5569.
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