NIFTY FUTURE (6 JUNE 2012)

NIFTY FUTURE(JUNE)

EXPECTED HIGH 3:4931.40

EXPECTED HIGH 2:4902.70

EXPECTED HIGH 1:4875.65

HURDLE:4846.95

EXPECTED LOW 1:4819.90

EXPECTED LOW 2:4791.20

EXPECTED LOW 3:4764.15

TECHNICAL VIEW

TECHNICAL TREND: BEARISH

MAS:SELL+IS:SELL=SUMMARY:SELL

RSI(14) 42.360 Sell

STOCH(9,6) 46.118 Neutral

STOCHRSI(14) 69.507 Buy

MACD(12,26) -66.302 Sell

ADX(14) 41.170 Sell

Williams %R -50.544 Neutral

CCI(14) -16.4166 Neutral

ATR(14) 81.2679 Less Volatility

Highs/Lows(14) 0.0000 Neutral

Ultimate Oscillator 54.373 Buy

ROC 0.759 Buy

Bull/Bear Power(13) -55.5640 Sell

BEST LEVELS

4876.30 buy (DMA5)
4883.30 SELL (DMA10)
4933.85 SELL (DMA20)
5087.00 SELL (DMA50)
 5111.00 SELL (DMA100)
 5176.75 SELL (DMA200)
INTRADAY MOMENTUM TRADE

BUY NIFTY FUTURE(JUNE) ABOVE 4863 TGT 4905  SL BELOW 4838
SELL NIFTY FUTURE(JUNE) BELOW 4834 TGT 4793 SL ABOVE 4858

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