NIFTY FUTURE(DEC)
EXPECTED HIGH 3:4704.25
EXPECTED HIGH 2:4668.75
EXPECTED HIGH 1:4605.25
HURDLE:4569.75
EXPECTED LOW 1:4506.25
EXPECTED LOW 2:4470.75
EXPECTED LOW 3:4407.25
INTRADAY STRATEGY
SELL AT HIGHER LEVELS
TECHNICAL VIEW
TECHNICAL TREND:DOWN
MAS:SELL + IS:HEAVY SELL= SUMMARY:HEAVY SELL
RSI(14) 39.183 Sell
STOCH(9,6) 23.086 Sell
STOCHRSI(14) 32.462 Sell
MACD(12,26) -120.1826 Sell
ADX(14) 30.102 Sell
Williams %R -79.774 Sell
CCI(14) -91.7311 Sell
ATR(14) 106.1607 Less Volatility
Highs/Lows(14) -127.875 Sell
Ultimate Oscillator 44.347 Sell
ROC -8.483 Sell
Bull/Bear Power(13) -152.8048 Sell
NIFTY ANALYST VIEW
above yesterday’s high of 4640
Nifty Future will go up to 4670.
Above 4670,
there is a strong resistance zone of 4689-4700-4730.
Bulls will need lots of power to cross this resistance zone
but chances are very remote.
but chances are very remote.
On lower side
yesterday’s low is crucial.
Break below it with volumes will lead to panic selling.
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