Daily NIFTY Future Technical Report & Tips

NIFTY Performed on Monday:

Today(14-6-11) Nifty opened at 5450 with a loss of 36 points, moved down to 5437, moved up to 5497 and closed flat at 5583.

Prediction of MoneyMunch.com Intraday

(Disclosure: Yesterday, NIFTY Fut bought 5438 and Booked Profit 5500 above)

Profit : 62 Points

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What for Today…?

NIFTY will open 5500 above…!

Just watch to trade above 5500 for 15 minutes…then NIFTY Future can Targets 5542-5551 and 5577

Just watch Support 5472-5479

(After break it…then I will update for Subscribers… To become a subscriber, subscribe to our free newsletter services. Our service is free for all.)

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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)

(From 20 May, 2011, I’m wiring to buy NIFTY Future)

Technical Data-Sheet on NIFTY:

Last (13-056-2011) Closed@5560

Last High@5571 Low@5489
Weekly High@5571 Low@5328

5DMA@5454
20DMA@5478
50DMA@5636
200DMA@5755

5-DAY RSI 73 AND 14-DAY RSI 52.