Free Stock market / Nifty intraday tips, FREE Stock, Commodity & Forex tips

Ultimate Analysis on NIFTY Future

Ultimate Analysis on NIFTY Future

(9th May, 2011)

NIFTY Performed on Friday:

The NSE benchmark S&P CNX Nifty snapped its nine-session losing streak by gaining 91.60 points in early trade on Friday on renewed buying on easing of macroeconomic worries in view of a sharp fall in crude oil prices.

The Nifty futures closed and settled finally at 5555, down by 96.60 or (-1.77 %). It is looking bullish in the coming trading session if it manages to trade above the resistance level of 5595 else below support level of 5415 it would be in a downward trend.

Positional Trend with Levels

Sustenance above the 5500 levels will see the NIFTY gradually head higher towards the 5650-5687 levels. (Expected time zone 72hrs)

Above 5594, NIFTY may see 5669, 5706… Easily…? (Yes)

Yes, Everybody knows of Thursday of last week given to BUY Nifty future 5450 in small quantities! (Your Stop loss is your bought price)

Note: This pull is not believable for ending of Bearish Trend but also not confirmation of Bullish fully

Therefore, Just Non-Stop 5688-5722 will be sign of Bulls for 5800-5840

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 (06/05/2011) [email protected] (+92 points)

Last [email protected] [email protected]

Weekly [email protected] [email protected]

[email protected]

[email protected]

[email protected]

[email protected]

Prediction of MoneyMunch.com Intraday

Nifty can open 5558-5567

Buyers expected on two levels: 5449 to 5461(last hope) and 5492 to 5511

Today’s Intraday Targets 5597 to 5632

(After closing above 5585, Nifty future will be strong pull back for targets 5677-5743 in 72hrs)

Just watch opening 5550 above

(For the 11 O’clock trading above this level…then intraday heavy buyers might come to test 5641-5663)

Note: In this case, you must be keeping Stop point as 5536-5531

Get free important share market ideas on stocks & nifty tips chart setups, analysis for the upcoming session, and more by joining the below link: Stock Tips

Are you looking for NSE paid calls? Want to get premium trading alerts and unlimited access to Moneymunch? Join today and start potentially multiplying your net worth: Premium Stock & Nifty Tips

Premium features: daily updates, full access to the Moneymunch #1 Rank List, Equity Research Reports, Focus List portfolio of 50 longer-term stocks, Premium screens, and much more. You will quickly identify which stocks to buy, which to sell and target today΄s hottest industries.

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

Previous ArticleNext Article
Stock market certified investment advisor(s) for Moneymunch. They're a regular guest on popular online channels and writes for several newspapers and financial journals. Who has studied charts for over 20 years, and they have black magic of the share market.

Visit here: Premium Stock Tips →
Join Today (Free): Stock & Nifty Tips

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 *

//
//
Live Chat
< 4 min wait
//
Get a callback
<10 min wait

Chat with us on WhatsApp

Send this to a friend