NIFTY VIEW (06-MAY-2015)

NIFTY INDEX INTRADAY LEVELS

EXPECTED HIGH 3:8395.40

EXPECTED HIGH 2:8366.70

EXPECTED HIGH 1:8349.00

HURDLE:8320.35

EXPECTED LOW 1:8291.70

EXPECTED LOW 2:8274.00

EXPECTED LOW 3:8245.50

TECHNICAL VIEW

DAILY TECHNICAL TREND : STRONG BEARISH
STRATEGY : SELL AT HIGHER LEVELS
(BUY=0,SELL=9,NEUTRAL=2)

MAS:SELL+TIS:HEAVY SELL=SUMMARY:HEAVY SELL

RSI(14) 54.249 SELL

STOCH(9,6) 57.007 SELL

STOCHRSI(14) 4.675 NEUTRAL

MACD(12,26) 67.079 SELL

ADX(14) 47.375 SELL

WILLIAMS %R -48.283 sell

CCI(14) -33.2998 sell

ATR(14) 60.4286 less VOLATILITY

HIGHS/LOWS(14) 0.0000 SELL

ULTIMATE OSCILLATOR 53.441 neutral

ROC 1.986 SELL

BULL/BEAR POWER(13) -55.3060 SELL

WEEKLY NIFTY INDEX VIEW

WEEKLY TREND : BEARISH 
STRATEGY : SELL AT HIGHER LEVELS 

EXPECTED HIGH 3: 8409.90
EXPECTED HIGH 2: 8337.40
EXPECTED HIGH 1: 8292.70
HURDLE : 8220.20
EXPECTED low 1: 8147.80
EXPECTED low 2: 8103.00
EXPECTED low 3: 8030.50

MONTHLY NIFTY INDEX VIEW

MONTHLY TREND : STRONG BULLISH
STRATEGY : BUY AT LOWER LEVELS 

EXPECTED HIGH 3: 9090.00
EXPECTED HIGH 2: 8822.90
EXPECTED HIGH 1: 8657.50
HURDLE : 8390.00
EXPECTED low 1: 8122.90
EXPECTED low 2: 7957.70
EXPECTED low 3: 7690.30

YESTERDAY VIEW