NIFTY FUTURE (05 JULY 2012)

NIFTY FUTURE(JULY)

EXPECTED HIGH 3:5392.25

EXPECTED HIGH 2:5362.50

EXPECTED HIGH 1:5347.25

HURDLE:5317.50

EXPECTED LOW 1:5302.25

EXPECTED LOW 2:5272.50

EXPECTED LOW 3:5257.25

TECHNICAL VIEW

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

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

RSI(14) 65.993 Buy

STOCH(9,6) 86.904 Overbought

STOCHRSI(14) 88.807 Overbought

MACD(12,26) 76.280 Buy

ADX(14) 61.975 Buy

Williams %R -7.241 Overbought

CCI(14) 115.4858 Buy

ATR(14) 64.6250 Less Volatility

Highs/Lows(14) 79.4464 Buy

Ultimate Oscillator 60.699 Buy

ROC 5.009 Buy

Bull/Bear Power(13) 191.4700 Buy

BEST LEVELS

 5125.80 BUY (DMA100)
 5177.65 BUY (DMA200)
INTRADAY MOMENTUM TRADE

BUY NIFTY FUTURE(JULY) ABOVE 5343 TGT 5402 SL BELOW 5310
SELL NIFTY FUTURE(JULY) BELOW 5305 TGT 5270 SL ABOVE 5326
WEEKLY NIFTY FUTURE VIEW

BUY NIFTY FUTURE(JULY) ABOVE 5332 TGT 5449 SL BELOW 5229
SELL NIFTY FUTURE(JULY) 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