Free Stock market / Nifty intraday tips

Ultimate Analysis on NIFTY Future (23th May, 2011)


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 (20/05) [email protected] (+58 points)

Last [email protected] [email protected]
Weekly [email protected] [email protected]

[email protected]
[email protected]
[email protected]
[email protected]

5-DAY RSI 48 AND 14-DAY RSI 42

US dollar index recover from 73 now at 75.43.
NYMEX crude is hovering at 100 now at 99.91.
Dow future is trading 95point Red.
Red trend seen…

Prediction of 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…?


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

Would you like to get our share market updates instantly?
Click the link to join: Free Stock Tips

Do you want to get premium NSE calls?
Click the link to subscribe: Premium NSE Stock Tips

If you have any questions or concerns about the stock market, don’t hesitate to contact me:

Have you any questions/feedback about this article? Please leave your queries in the comment box for answers.

Previous ArticleNext Article
Mr.Guru is a registered investment advisor for Moneymunch, he is a regular guest on popular channels and writes for several newspapers and financial journals. They've black magic of stock market analysis because studied charts over 20 years.

Click here to get premium stock market tips by Mr.Guru.

Subscribe to get daily FREE Stock markets / nifty tips
Send email to Mr.Guru: [email protected] or you may call him on +91 903 376 3672.

Write a Comment

Comment Policy: We love comments and appreciate the time that readers spend to share ideas and give feedback. However, all comments are manually moderated and those deemed to be spam or solely promotional will be deleted. Your email address will not be published. Required fields are marked *

Send this to a friend