NIFTY FUTURE

NIFTY FUTURE(APRIL)

 

EXPECTED HIGH 3:5406.40

EXPECTED HIGH 2:5370.05

EXPECTED HIGH 1:5294.10

HURDLE:5257.80

EXPECTED LOW 1:5181.90

EXPECTED LOW 2:5145.55

EXPECTED LOW 3:5069.60

TECHNICAL VIEW

TECHNICAL TREND: NEUTRAL

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

RSI(14) 47.759 Neutral

STOCH(9,6) 21.907 Sell

STOCHRSI(14) 26.162 Sell

MACD(12,26) -15.681 Sell

ADX(14) 13.886 Neutral

Williams %R -76.803 Sell

CCI(14) -54.3569 Sell

ATR(14) 107.0893 Less Volatility

Highs/Lows(14) -1.3929 Sell

Ultimate Oscillator 43.331 Sell

ROC 0.746 Buy

Bull/Bear Power(13) -67.8980 Sell

BEST LEVELS (APRIL)

5285.00 BUY (DMA5)
5304.25 SELL (DMA10)
5343.00 SELL (DMA20)
5283.55 BUY (DMA50)
 5209.30 BUY (DMA100)
 5240.40 BUY (DMA200)
MOMENTUM TRADE (MARCH)

BUY NIFTY FUTURE(MAR) ABOVE 5264 TGT 5290 AND 5317 SL BELOW 5232
SELL NIFTY FUTURE(MAR) BELOW 5144 TGT 5119 AND 5092 SL ABOVE 5176

MOMENTUM TRADE (APRIL)

BUY NIFTY FUTURE(APRIL) ABOVE 5312 TGT 5338 AND 5365 SL BELOW 5279
SELL NIFTY FUTURE(APRIL) BELOW 5187 TGT 5162 AND 5135 SL ABOVE 5219

NIFTY ANALYST VIEW (MARCH)

on remaining above 5205

NIFYU FUTURE will attempt for 5240-5255.

On crossover and sustaining above

it with volumes will give huge short covering

which will take NIFTY FFUTURE to 5287-5292 levels. 

On lower side

on remaining below 5180

NIFTY FUTURE will go up to 5114-5108.

Break below it will take NIFTY FUTURE to 5087

which is a last hope for bulls.

During down move towards 5114,

one should watch 5153 level carefully.

YESTERDAY VIEW