NIFTY FUTURE (7 JUNE 2012)

NIFTY FUTURE(JUNE)

EXPECTED HIGH 3:5164.35

EXPECTED HIGH 2:5073.55

EXPECTED HIGH 1:5037.10

HURDLE:4946.30

EXPECTED LOW 1:4909.85

EXPECTED LOW 2:4819.05

EXPECTED LOW 3:4782.60

TECHNICAL VIEW

TECHNICAL TREND: BULLISH

MAS:NEUTRAL+IS:BUY=SUMMARY:BUY

RSI(14) 55.530 Buy

STOCH(9,6) 52.326 Neutral

STOCHRSI(14) 100.000 Overbought

MACD(12,26) -45.137 Sell

ADX(14) 29.284 Buy

Williams %R -2.409 Overbought

CCI(14) 198.4153 Buy

ATR(14) 82.8214 Less Volatility

Highs/Lows(14) 110.0536 Buy

Ultimate Oscillator 63.829 Buy

ROC 2.994 Buy

Bull/Bear Power(13) 218.3220 Buy

BEST LEVELS

4958.00 BUY (DMA5)
4925.70 BUY (DMA10)
4954.60 BUY (DMA20)
5061.10 SELL (DMA50)
 5111.30 SELL (DMA100)
 5176.60 SELL (DMA200)
INTRADAY MOMENTUM TRADE

BUY NIFTY FUTURE(JUNE) ABOVE 4984 TGT 5054 AND 5095 SL BELOW 4955
SELL NIFTY FUTURE(JUNE) BELOW 4930 TGT 4878 AND 4845 SL ABOVE 4975

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