NIFTY FUTURE (5 JUNE 2012)

NIFTY FUTURE(JUNE)

EXPECTED HIGH 3:5004.25

EXPECTED HIGH 2:4929.75

EXPECTED HIGH 1:4902.75

HURDLE:4828.25

EXPECTED LOW 1:4801.25

EXPECTED LOW 2:4726.75

EXPECTED LOW 3:4699.75

TECHNICAL VIEW

TECHNICAL TREND: BEARISH

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

RSI(14) 39.848 Sell

STOCH(9,6) 52.599 Neutral

STOCHRSI(14) 56.311 Buy

MACD(12,26) -68.788 Sell

ADX(14) 35.056 Sell

Williams %R -58.711 Sell

CCI(14) -46.1721 Neutral

ATR(14) 81.7500 Less Volatility

Highs/Lows(14) 0.0000 Neutral

Ultimate Oscillator 56.215 Buy

ROC 0.284 Buy

Bull/Bear Power(13) -99.2860 Sell

BEST LEVELS

4875.20 SELL (DMA5)
4888.25 SELL (DMA10)
4939.15 SELL (DMA20)
5063.40 SELL (DMA50)
 5116.00 SELL (DMA100)
 5169.75 SELL (DMA200)
INTRADAY MOMENTUM TRADE

BUY NIFTY FUTURE(JUNE) ABOVE 4853 TGT 4909 AND 5000 SL BELOW 4813
SELL NIFTY FUTURE(JUNE) BELOW 4795 TGT 4762 AND 4727 SL ABOVE 4845

MONTHLY NIFTY INDEX VIEW

BUY NIFTY FUTURE(JUNE) ABOVE 5107 TGT 5334 AND 5488 SL BELOW 5034
SELL NIFTY FUTURE(JUNE) BELOW 4844 TGT 4507 AND 4080 SL ABOVE 5043

YESTERDAY VIEW