NIFTY FUTURE (30 MAY 2012)

NIFTY FUTURE(MAY)

EXPECTED HIGH 3:5050.25

EXPECTED HIGH 2:5034.50

EXPECTED HIGH 1:4997.75

HURDLE:4982.00

EXPECTED LOW 1:4945.25

EXPECTED LOW 2:4929.50

EXPECTED LOW 3:4892.75

TECHNICAL VIEW

TECHNICAL TREND: BEARISH

MAS:HEVY SELL+IS:SELL=SUMMARY:HEVY SELL

RSI(14) 43.599 Sell

STOCH(9,6) 65.215 Buy

STOCHRSI(14) 80.209 Overbought

MACD(12,26) -62.048 Sell

ADX(14) 43.401 Sell

Williams %R -31.942 Buy

CCI(14) 71.5068 Buy

ATR(14) 88.9643 Less Volatility

Highs/Lows(14) 0.0000 Neutral

Ultimate Oscillator 52.133 Buy

ROC -0.730 Sell

Bull/Bear Power(13) -3.6800 Sell

BEST LEVELS

4935.25 SELL (DMA5)
4929.30 BUY (DMA10)
4971.40 SELL (DMA20)
5092.60 SELL (DMA50)
 5137.20 SELL (DMA100)
 5191.85 SELL (DMA200)
INTRADAY MOMENTUM TRADE

BUY NIFTY FUTURE(MAY) ABOVE 4997 TGT 5031 AND 5076 SL BELOW 4975
SELL NIFTY FUTURE(MAY) BELOW 4962 TGT 4940 AND 4896 SL ABOVE 4990

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