NIFTY FUTURE (28 MAY 2012)

NIFTY FUTURE(MAY)

EXPECTED HIGH 3:5027.00

EXPECTED HIGH 2:4982.90

EXPECTED HIGH 1:4963.00

HURDLE:4918.80

EXPECTED LOW 1:4899.00

EXPECTED LOW 2:4854.90

EXPECTED LOW 3:4835.00

TECHNICAL VIEW

TECHNICAL TREND: BEARISH

MAS:SELL+IS:SELL=SUMMARY:SELL

RSI(14) 42.536 Sell

STOCH(9,6) 61.824 Buy

STOCHRSI(14) 96.551 Overbought

MACD(12,26) -80.678 Sell

ADX(14) 51.659 Sell

Williams %R -39.086 Buy

CCI(14) 29.6007 Neutral

ATR(14) 90.7500 Less Volatility

Highs/Lows(14) 0.0000 Neutral

Ultimate Oscillator 58.721 Buy

ROC -1.323 Sell

Bull/Bear Power(13) -22.9360 Sell

BEST LEVELS

4899.95 BUY (DMA5)
4911.80 buy (DMA10)
4970.55 SELL (DMA20)
5099.45 SELL (DMA50)
 5142.90 SELL (DMA100)
 5195.55 SELL (DMA200)
INTRADAY MOMENTUM TRADE

BUY NIFTY FUTURE(MAY) ABOVE 4940 TGT 4975 AND 5010 SL BELOW 4910
SELL NIFTY FUTURE(MAY) BELOW 4905 TGT 4870 AND 4854 SL ABOVE 4924

WEEKLY ANALYST VIEW
BUY NIFTY FUTURE(MAY) ABOVE 4987 TGT 5038 AND 5195 SL BELOW 4891
SELL NIFTY FUTURE(MAY) BELOW 4872 TGT 4829 AND 4773 SL ABOVE 4926

YESTERDAY VIEW