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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
Last closed 62.65
Sell… Sell… Sell in Opening…!
Best selling levels 62.5-63.5
Your Stop loss 63.9
Go for intraday targets 60.8-59.5-58 after breaking 62
Steel Heart Traders…!
Trade with step on this stock…?
Buying steps 151-152.5-154.5
Don’t try to hold your long position 150 below and if closing 153 below…!
Go for short term targets 165-167 and after closing above 168…then Panic up to 178-184
Last closed 132
Just Watch selling pressure 133 around (132-133)
After breaking 130.5…Intraday you will see as targets 128.5-127
Just watch closing for position traders 130 blow…? If yes… then you will see 125-122 in short term(2-4 Days of trading)
Don’t hold your long 134 above…!
Traders can try for selling at opening at gap down. To become a subscriber, subscribe to our free newsletter services.
NIFTY Performed on Monday:
Nifty Index shut up at 5387, also down with 100 points, The index touched a high and a low of 18,269.06 and 17,971.02 respectively.
Positional Trend with Levels
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)
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 (23/05/2011) close@5386 (-100 points)
Last high@5456 low@5373
Weekly high@5541 low@5373
5DMA@5432
20DMA@5570
50DMA@5640
200DMA@5755
5-DAY RSI 30 AND 14-DAY RSI 36.
Prediction of MoneyMunch.com Intraday
What for today?
As per our prediction of yesterday, Nifty fut has taking Strong Resistance on last Friday at 5522 and started fall…
Now NIFTY trend is look down…!
Resistance 5393-5405
(At this resistance pressure will come and after breaking 5375 support, Nifty future can spoil more to 5344-5324)
Hurdles at 5413-5427 level, bears will not able to cross this level, if cross this level it may be cross 5437-5445, after crossing it may be break 5450-5469 zone by nonstop.
Hey… Buying Zone 5370-5390… read above message! To become a subscriber, subscribe to our free newsletter services.
NIFTY Performed on Friday:
On Friday(20-5-11)Nifty opened at 5454 with a gain of 26 points, moved down to 5433, moved up to 5518, moved down to 5480 and closed at 5486 with a gain of 58 points, in M2(above 5464). Next level is 5555. Nifty futures range was 5429 – 5522, having a difference of 93 points.
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 high@5517 low@5432
Weekly high@5605 low@5401
5DMA@5455
20DMA@5594
50DMA@5643
200DMA@5756
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 stop loss 5429 and Read below msg…!
What for Today…?
Selling pressure expected – 5515 and 5542
Support 5463-5472
After breaking this support, nifty can slide up to 5428-5443
Suppose to see Gap up opening and trading 5470 above…Panic Targets expected 5580-5593 (Note down, Nifty must be cross 5442 above without break 5470)
For more update, you can read above positional message. To become a subscriber, subscribe to our free newsletter services.