NIFTY FUTURE (29-03-2012)

NIFTY FUTURE(APRIL)

EXPECTED HIGH 3:5372.60

EXPECTED HIGH 2:5335.20

EXPECTED HIGH 1:5294.40

HURDLE:5257.00

EXPECTED LOW 1:5216.10

EXPECTED LOW 2:5178.70

EXPECTED LOW 3:5137.90

TECHNICAL VIEW

TECHNICAL TREND: BEARISH

MAS:HEAVY SELL+IS:HEAVY SELL=SUMMARY:HEAVY SELL
RSI(14) 42.756 SELL

STOCH(9,6) 20.151 SELL
STOCHRSI(14) 0.000 OVERSOLD
MACD(12,26) -31.452 SELL
ADX(14) 13.944 NEUTRAL
WILLIAMS %R -95.743 OVERSOLD
CCI(14) -126.3382 SELL
ATR(14) 107.1964 LESS VOLATILITY
HIGHS/LOWS(14) -85.6250 SELL
ULTIMATE OSCILLATOR 41.726 SELL
ROC -3.128 SELL
BULL/BEAR POWER(13) -177.4100 SELL

BEST LEVELS (APRIL)

5251.10 SELL (DMA5)
5278.30 SELL (DMA10)
5325.45 SELL (DMA20)
5276.90 SELL (DMA50)
 5209.60 SELL (DMA100)
 5240.50 SELL (DMA200)
MOMENTUM TRADE (MARCH)

BUY NIFTY FUTURE(MAR) ABOVE 5254 TGT 5280 AND 5307 SL BELOW 5222
SELL NIFTY FUTURE(MAR) BELOW 5152 TGT 5127 AND 5101 SL ABOVE 5184

MOMENTUM TRADE (APRIL)

BUY NIFTY FUTURE(APRIL) ABOVE 5301 TGT 5327 AND 5354 SL BELOW 5268
SELL NIFTY FUTURE(APRIL) BELOW 5205 TGT 5180 AND 5153 SL ABOVE 5237

NIFTY ANALYST VIEW (MARCH)

on crossover above 5210,

NIFTY FUTURE will attempt for 5223.

On crossover above this and sustaining above

it will take NIFTY FUTURE to 5258.

But chances are remote.

On lower side,

on remaining below 5210,

NIFTY FUTURE will try to break 5181.

On break below 5181 chances are bright

for  5114 level too.

Keep watching 5153 during this.

YESTERDAY VIEW