NIFTY FUTURE (18 JUNE 2012)

NIFTY FUTURE(JUNE)

EXPECTED HIGH 3:5287.25

EXPECTED HIGH 2:5220.90

EXPECTED HIGH 1:5185.25

HURDLE:5118.90

EXPECTED LOW 1:5083.25

EXPECTED LOW 2:5016.90

EXPECTED LOW 3:4981.25

TECHNICAL VIEW

TECHNICAL TREND: BULLISH
(BUY=11,SELL=1,NEUTRAL=3)

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

RSI(14) 61.374 Buy

STOCH(9,6) 81.081 Overbought

STOCHRSI(14) 100.000 Overbought

MACD(12,26) 19.827 Buy

ADX(14) 23.284 Sell

Williams %R -2.299 Overbought

CCI(14) 126.9820 Buy

ATR(14) 91.0536 Less Volatility

Highs/Lows(14) 141.9107 Buy

Ultimate Oscillator 63.242 Buy

ROC 4.169 Buy

Bull/Bear Power(13) 273.4820 Buy

BEST LEVELS

5118.55 BUY (DMA5)
5071.00 BUY (DMA10)
5033.40 BUY (DMA20)
5075.80 BUY (DMA50)
 5107.40 BUY (DMA100)
 5172.00 BUY (DMA200)
INTRADAY MOMENTUM TRADE

BUY NIFTY FUTURE(JUNE) ABOVE 5153 TGT 5208 AND 5291 SL BELOW 5122
SELL NIFTY FUTURE(JUNE) BELOW 5110 TGT 5070 AND 5043 SL ABOVE 5151
WEEKLY NIFTY FUTURE VIEW

BUY NIFTY FUTURE(JUNE) ABOVE 5192 TGT 5242 SL BELOW 5105
SELL NIFTY FUTURE(JUNE) BELOW 5084 TGT 4975 SL ABOVE 5151

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