NIFTY FUTURE (JAN) INTRADAY LEVELS

NIFTY FUTURE(JAN)

EXPECTED HIGH 3:5019.00

EXPECTED HIGH 2:4999.40

EXPECTED HIGH 1:4973.55

HURDLE:4953.85

EXPECTED LOW 1:4928.00

EXPECTED LOW 2:4908.35

EXPECTED LOW 3:4882.50

INTRADAY STRATEGY 

BUY AT LOWER LEVELS

TECHNICAL VIEW

TECHNICAL TREND: UP

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

RSI(14) 62.996 Buy

STOCH(9,6) 80.192 Overbought

STOCHRSI(14) 97.624 Overbought

MACD(12,26) 41.889 Buy

ADX(14) 28.375 Buy

Williams %R -1.883 Overbought

CCI(14) 140.0161 Buy

ATR(14) 77.6071 Less Volatility

Highs/Lows(14) 125.3393 Buy

Ultimate Oscillator 69.395 Buy

ROC 7.983 Buy

Bull/Bear Power(13) 238.4000 Buy

NIFTY ANALYST VIEW

If Nifty Future crosses 5019 with huge volumes 
and remains above 

it for 10-15mins then Nifty Ffuture will go up to 5052. 
5135-5147 is last resistance.

On lower side 4942 will provide 
immediate support.

Below that 4933-4912-4898 is a strong support zone.

Now as and when Nifty Future breaks this zone,

we can see bloodbath.

Alert

We are in bear market, 

now be cautious at higher level. 

Nifty Future has spent already seven days at 

upper end of Bollinger band. 

(–ve) divergence persist in hourly chart.

In bear market, 

bulls can not defeat bears so easily unless and until 

bears set a trap for bulls by showing that they are defeated.

YESTERDAY VIEW