NIFTY FUTURE (DEC) INTRADAY LEVELS

NIFTY FUTURE(DEC)

EXPECTED HIGH 3:5198.05

EXPECTED HIGH 2:5137.25
EXPECTED HIGH 1:5099.70

HURDLE:5051

EXPECTED LOW 1:4978.00

EXPECTED LOW 2:4940.40

EXPECTED LOW 3:4879.55

INTRADAY STRATEGY 
BUY AROUND LOWER LEVELS

TECHNICAL VIEW
TECHNICAL TREND:UP
MAS:BUY + IS:HEAVY BUY= SUMMARY:HEVEY BUY

RSI(14) 53.378 :Neutral

STOCH(9,6) 65.097 :Buy

STOCHRSI(14) 93.745 :Overbought

MACD(12,26) -28.219 :Sell

ADX(14) 28.287 :Neutral

Williams %R -9.339 :Overbought

CCI(14) 116.8112 :Buy

ATR(14) 128.0536 :More Volatility

Highs/Lows(14) 124.6429 :Buy

Ultimate Oscillator 61.947 :Buy

ROC 0.059 :Buy

Bull/Bear Power(13) 218.4496 :Buy

NIFTY ANALYST VIEW

if not crossing 5094 

then Nifty Future will attempt for 5015-4996. 

Ideally to keep this uptrend 

Nifty Future should take support 

around 5015-4996. 

If Nifty Future breaks these levels 

then next support is around 4936-4919.

 

On crossover above 5094, 

Nifty Future will go up to 5108-5137. 

5171 is a previous supply zone so that will be a good resistance.