NIFTY FUTURE (12 JUNE 2012)

NIFTY FUTURE(JUNE)

EXPECTED HIGH 3:5196.35

EXPECTED HIGH 2:5165.30

EXPECTED HIGH 1:5092.60

HURDLE:5061.55

EXPECTED LOW 1:4988.85

EXPECTED LOW 2:4957.80

EXPECTED LOW 3:4885.10

TECHNICAL VIEW

TECHNICAL TREND: NEUTRAL

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

RSI(14) 52.754 Neutral

STOCH(9,6) 63.841 Buy

STOCHRSI(14) 78.050 Overbought

MACD(12,26) -22.253 Sell

ADX(14) 24.116 Buy

Williams %R -30.026 Buy

CCI(14) 91.4296 Buy

ATR(14) 85.1964 Less Volatility

Highs/Lows(14) 44.5893 Buy

Ultimate Oscillator 67.279 Buy

ROC 4.551 Buy

Bull/Bear Power(13) 88.1740 Buy

BEST LEVELS

5006.00 BUY (DMA5)
4973.45 BUY (DMA10)
4978.30 BUY (DMA20)
5060.25 SELL (DMA50)
 5105.65 SELL (DMA100)
 5172.75 SELL (DMA200)
INTRADAY MOMENTUM TRADE

BUY NIFTY FUTURE(JUNE) ABOVE 5089 TGT 5159 SL BELOW 5046
SELL NIFTY FUTURE(JUNE) BELOW 5043 TGT 4981 SL ABOVE 5077
WEEKLY NIFTY FUTURE VIEW

BUY NIFTY FUTURE(JUNE) ABOVE 5077 TGT 5284 AND 5603 SL BELOW 4959
SELL NIFTY FUTURE(JUNE) BELOW 4910 TGT 4758 AND 4648 SL ABOVE 5067

MONTHLY NIFTY INDEX VIEW

BUY NIFTY INDEX ABOVE 5107 TGT 5334 AND 5488 SL BELOW 5034
SELL NIFTY INDEX BELOW 4844 TGT 4507 AND 4080 SL ABOVE 5043

YESTERDAY VIEW