NIFTY FUTURE(JAN)
EXPECTED HIGH 3:5108.10
EXPECTED HIGH 2:5070.90
EXPECTED HIGH 1:5052.85
HURDLE:5015.65
EXPECTED LOW 1:4997.60
EXPECTED LOW 2:4960.40
EXPECTED LOW 3:4932.35
INTRADAY STRATEGY
BUY AT LOWER LEVELS
TECHNICAL VIEW
TECHNICAL TREND: UP
MAS:HEAVY BUY + IS:HEAVY BUY= SUMMARY:HEAVY BUY
RSI(14) 66.713 Buy
RSI(14) 66.713 Buy
STOCH(9,6) 71.158 Buy
STOCHRSI(14) 100.000 Overbought
MACD(12,26) 54.241 Buy
ADX(14) 33.051 Buy
Williams %R -5.889 Overbought
CCI(14) 175.1478 Buy
ATR(14) 80.3750 Less Volatility
Highs/Lows(14) 158.5179 Buy
Ultimate Oscillator 69.998 Buy
ROC 8.845 Buy
Bull/Bear Power(13) 323.2660 Buy
NIFTY ANALYST VIEW
above yesterday’s high of 5027,
Nifty Future will go up to 5052.
On crossover above 5052 will take Nifty Future at 5085.
If Nifty Future is crossing this level too
then 5135-5147-5174 is a zone to watch.
On lower side 4990-4981 will provide immediate support.
Break below it will indicate first sigh on weakness.
Sustaining below 4981 will take Nifty Future to 4929.
Below 4929 we will see panic in all around the market.
Alert
We are in bear market,
now be cautious at higher level.
Nifty future has spent already eight days at upper end of Bollinger band. (–ve) divergence persist in hourly chart.
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