NIFTY FUTURE (29 JUNE 2012)

NIFTY FUTURE(JULY)

EXPECTED HIGH 3:5221.00

EXPECTED HIGH 2:5204.15

EXPECTED HIGH 1:5164.50

HURDLE:5147.65

EXPECTED LOW 1:5108.00

EXPECTED LOW 2:5091.15

EXPECTED LOW 3:5051.50

TECHNICAL VIEW

TECHNICAL TREND: BULLISH
(BUY=9,SELL=0,NEUTRAL=2)

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

RSI(14) 61.192 Buy

STOCH(9,6) 66.192 Buy

STOCHRSI(14) 100.000 Overbought

MACD(12,26) 34.504 Buy

ADX(14) 47.595 Buy

Williams %R -4.315 Overbought

CCI(14) 171.1413 Buy

ATR(14) 85.5536 Less Volatility

Highs/Lows(14) 44.6964 Buy

Ultimate Oscillator 58.635 Buy

ROC 3.387 Buy

Bull/Bear Power(13) 110.4060 Buy

BEST LEVELS

 5108.20 BUY (DMA100)
 5170.00 BUY (DMA200)
INTRADAY MOMENTUM TRADE

BUY NIFTY FUTURE(JULY) ABOVE 5170 TGT 5207 SL BELOW 5149
SELL NIFTY FUTURE(JULY) BELOW 5138 TGT 5111 AND 5062 SL ABOVE 5166
WEEKLY NIFTY FUTURE VIEW

BUY NIFTY FUTURE(JULY) ABOVE 5193 TGT 5305 SL BELOW 5132
SELL NIFTY FUTURE(JULY) BELOW 5112 TGT 4987 SL ABOVE 5186

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