THOSE U WANT TO TRADE ON MY CALL FOR THE FIRST TIME. DO CHECK MY PAST CALL/PERFORMANCE FIRST THEN PUT UR MONEY ON MY CALLS.
CALLS AND NEWS ARE FROM VARIOUS SOURCES (FII'S,DII'S,Promoters & Others)

Thursday, May 17, 2012

NIFTY FUTURE (17 MAY 2012)

NIFTY FUTURE(MAY)
EXPECTED HIGH 3:4956.90
EXPECTED HIGH 2:4926.70
EXPECTED HIGH 1:4881.15
HURDLE:4850.95
EXPECTED LOW 1:4805.40
EXPECTED LOW 2:4775.20
EXPECTED LOW 3:4729.65
TECHNICAL VIEW
TECHNICAL TREND: BEARISH
MAS:HEAVY SELL+IS:HEAVY SELL=SUMMARY:HEAVY SELL
RSI(14) 32.826 Sell
STOCH(9,6) 18.569 Oversold
STOCHRSI(14) 23.501 Oversold
MACD(12,26) -108.576 Sell
ADX(14) 50.045 Sell
Williams %R -89.338 Oversold
CCI(14) -101.0765 Sell
ATR(14) 91.6071 Less Volatility
Highs/Lows(14) -130.6250 Sell
Ultimate Oscillator 42.423 Sell
ROC -6.439 Sell
Bull/Bear Power(13) -265.6260 Sell
BEST LEVELS
4899.40 SELL (DMA5)
4962.05 SELL (DMA10)
5054.15 SELL (DMA20)
5160.70 SELL (DMA50)
 5179.90 SELL (DMA100)
 5217.75 SELL (DMA200)
MOMENTUM TRADE
BUY NIFTY FUTURE(MAY) ABOVE 4890 TGT 4912 AND 4938 SL BELOW 4955
SELL NIFTY FUTURE(MAY) BELOW 4815 TGT 4793 AND 4770 SL ABOVE 4847
NIFTY ANALYST VIEW
electric-03
SELL AROUND 4878-4888
TARGET 4838- 4827

ONCE CROSS ABOVE 4890
THEN EXIT SHORTS AND GO LONG
WITH STOP LOSS BELOW 4858
FOR THE TGT OF 4912 AND 4938
electric-02
BUY AROUND 4827-4817
TARGET 4867 - 4878

ONCE BREAKE BELOW 4815
THEN EXIT LONGS AND GO SHORT
WITH STOPLOSS ABOVE 4847
FOR THE TGT OF 4793 AND 4770

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