NIFTY FUTURE (JAN) INTRADAY LEVELS

NIFTY FUTURE(JAN)

EXPECTED HIGH 3:4933.25

EXPECTED HIGH 2:4909.75

EXPECTED HIGH 1:4891.25

HURDLE:4867.75

EXPECTED LOW 1:4849.25

EXPECTED LOW 2:4825.75

EXPECTED LOW 3:4807.25

INTRADAY STRATEGY 

BUY AT LOWER LEVELS

SELL AT HIGHER LEVELS

TECHNICAL VIEW

TECHNICAL TREND: UP

MAS:BUY + IS:HEAVY BUY= SUMMARY:HEAVY BUY

RSI(14) 56.588 Buy

STOCH(9,6) 74.765 Buy

STOCHRSI(14) 100.000 Overbought

MACD(12,26) -7.158 Sell

ADX(14) 28.386 Buy

Williams %R -5.389 Overbought

CCI(14) 163.6873 Buy

ATR(14) 76.9464 Less Volatility

Highs/Lows(14) 82.9107 Buy

Ultimate Oscillator 57.702 Buy

ROC 3.221 Buy

Bull/Bear Power(13) 181.4060 Buy

NIFTY ANALYST VIEW

4893 will provide immediate resistance.

On crossover above

 it will take NIFTY FUTURE to 4907.

 Above that we can see 4941-4972 in hours.

lower side 4843-4833 are immediate supports.

Even first resistance of 4843 will be tough for bears to break.

If NIFTY FUTURE manages to breaks these levels

then also 4802-4797 are strong supports.

A l e r t

Be cautious at higher levels, 

we are in bear market. 
NIFTY FUTURE is at upper end of Bollinger band. 
In hourly chart,

 NIFTY FUTURE is showing  –ve divergence. 

FIIs are buying since last three days.

YESTERDAY VIEW