NIFTY FUTURE(FEB)
EXPECTED HIGH 3:5384.30
EXPECTED HIGH 2:5344.70
EXPECTED HIGH 1:5310.80
HURDLE:5271.10
EXPECTED LOW 1:5237.25
EXPECTED LOW 2:5197.60
EXPECTED LOW 3:5163.75
INTRADAY STRATEGY
BUY AT LOWER LEVELS
TECHNICAL VIEW
TECHNICAL TREND: UP
MAS:HEAVY BUY + IS:HEAVY BUY= SUMMARY:HEAVY BUY
RSI(14) 69.417 BUY
STOCH(9,6) 76.986 BUY
STOCHRSI(14) 59.165 BUY
MACD(12,26) 111.860 BUY
ADX(14) 54.665 BUY
WILLIAMS %R -5.827 OVERBOUGHT
CCI(14) 123.6222 BUY
ATR(14) 86.1964 LESS VOLATILITY
HIGHS/LOWS(14) 108.2500 BUY
ULTIMATE OSCILLATOR 64.028 BUY
ROC 8.008 BUY
BULL/BEAR POWER(13) 276.6880 BUY
NIFTY ANALYST VIEW
today watch again 5302-5325 range carefully.
On crossover above 5325 with volumes and sustains above
it for 10-15 mins than we will see rally up to 5403-5444.
If NIFTY FUTURE breaks 5232 then 5201-5190 are last hope for bulls.
Break below 5190 with huge volume will indicate reversal.
Friday (i.e. today +/- 1day) is very crucial for this rally from the low of 4538, we will see top in these three days followed by a correction of at least 5-8days.
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