NIFTY FUTURE (04 JULY 2012)

NIFTY FUTURE(JULY)

EXPECTED HIGH 3:5384.00

EXPECTED HIGH 2:5358.40

EXPECTED HIGH 1:5326.50

HURDLE:5300.90

EXPECTED LOW 1:5269.00

EXPECTED LOW 2:5243.40

EXPECTED LOW 3:5211.50

TECHNICAL VIEW

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

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

RSI(14) 66.900 Buy

STOCH(9,6) 77.840 Buy

STOCHRSI(14) 100.000 Overbought

MACD(12,26) 71.846 Buy

ADX(14) 59.503 Buy

Williams %R -5.016 Overbought

CCI(14) 140.1318 Buy

ATR(14) 73.6071 Less Volatility

Highs/Lows(14) 92.9643 Buy

Ultimate Oscillator 57.977 Buy

ROC 3.569 Buy

Bull/Bear Power(13) 223.2140 Buy

BEST LEVELS

 5122.30 BUY (DMA100)
 5176.00 BUY (DMA200)
INTRADAY MOMENTUM TRADE

BUY NIFTY FUTURE(JULY) ABOVE 5344 TGT 5370 AND 5397 SL BELOW 5311
SELL NIFTY FUTURE(JULY) BELOW 5260 TGT 5234 AND 5208 SL ABOVE 5292
WEEKLY NIFTY FUTURE VIEW
BUY NIFTY FUTURE(JUNE) ABOVE 5332 TGT 5449 SL BELOW 5229

SELL NIFTY FUTURE(JUNE) BELOW 5195 TGT 5115 and 5018 SL ABOVE 5302

MONTHLY NIFTY INDEX VIEW

BUY NIFTY INDEX ABOVE 5353 TGT 5627 SL BELOW 5208
SELL NIFTY INDEX BELOW 5024 TGT 4596 SL ABOVE 5282

YESTERDAY VIEW