NIFTY FUTURE(JAN)
EXPECTED HIGH 3:4722.00
EXPECTED HIGH 2:4685.00
EXPECTED HIGH 1:4668.00
HURDLE:4631.00
EXPECTED LOW 1:4614.00
EXPECTED LOW 2:4577.00
EXPECTED LOW 3:4560.00
INTRADAY STRATEGY
SELL AT HIGHER LEVELS
TECHNICAL VIEW
TECHNICAL TREND: HEAVY SELL
MAS:SELL + IS:HEAVY SELL= SUMMARY:HEAVY SELL
RSI(14) 44.37 Sell
STOCH(9,6) 44.06 Sell
STOCHRSI(14) 81.674 Overbought
MACD(12,26) -71.1127 Sell
ADX(14) 30.455 Buy
Williams %R -47.92 Neutral
CCI(14) -15.8891 Neutral
ATR(14) 88.5179 Less Volatility
Highs/Lows(14) 0 Neutral
Ultimate Oscillator 42.535 Sell
ROC -1.45 Sell
Bull/Bear Power(13) -83.4788 Sell
NIFTY ANALYST VIEW
above yesterday’s high of 4656,
NIFTY FUTURE will go up to 4680 which is a strong resistance.
Open above or below 4680
will show strength of bulls and bears respectively.
4710-4730 will again be a supply zone.
Crossover above these levels with volume
is must for bulls for sustainable rally.
On lower side 4656 and 4633
will provide immediate support.
4592 is last hope for bulls.
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