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Ultimate Analysis on NIFTY Future (3rd JUNE, 2011)

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NIFTY Performed on Thursday:

Today(2-6-11)on global cues, Nifty opened at 5522 with a loss of 70 points, moved in the narrow range 5538 – 5568 and closed at 5550 with a loss of 42 points. Nifty futures range was 5531 – 5577, having a difference of 46 points.


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 with stoploss 5540 for the targets 5600 above positional)

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What for Today…?

Yes, My Subscribers might have good position in Nifty Future from yesterday at 5547 around…! (As per above Disclosure)

Today, Support 5552-5546

(Keep your Strictly Stoploss 5540 and Today Go for intraday targets 5600 and 5622-5698 positional too)

Yes, Below this stoploss, More update will be live for subscribers only…!

Intraday Expected Targets: 5586-5594

Below to 5540, only GOD can save NIFTY Future…!

Note: Suppose to, Nifty opening 5540…For the Bulls…NIFTY must be come up before the 10 o’ clock

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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)

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 (02/06) closed@5550 (-42 points)

Last high@5568 low@5521
Weekly high@5597 low@5328

5DMA@5530
20DMA@5485
50DMA@5644
200DMA@5757

5-DAY RSI 62 AND 14-DAY RSI 51.


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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.

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