NIFTY FUTURE (06 JULY 2012)

NIFTY FUTURE(JULY)

EXPECTED HIGH 3:5406.50

EXPECTED HIGH 2:5380.40

EXPECTED HIGH 1:5360.50

HURDLE:5334.40

EXPECTED LOW 1:5314.50

EXPECTED LOW 2:5288.40

EXPECTED LOW 3:5268.50

TECHNICAL VIEW

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

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

RSI(14) 67.295 Buy

STOCH(9,6) 83.674 Overbought

STOCHRSI(14) 93.566 Overbought

MACD(12,26) 80.986 Buy

ADX(14) 66.106 Buy

Williams %R -8.691 Overbought

CCI(14) 105.3186 Buy

ATR(14) 61.3393 Less Volatility

Highs/Lows(14) 79.9286 Buy

Ultimate Oscillator 65.958 Buy

ROC 4.090 Buy

Bull/Bear Power(13) 175.2620 Buy

BEST LEVELS

 5129.65 BUY (DMA100)
 5179.45 BUY (DMA200)
INTRADAY MOMENTUM TRADE

BUY NIFTY FUTURE(JULY) ABOVE 5352 TGT 5382 and 5429 SL BELOW 5332
SELL NIFTY FUTURE(JULY) BELOW 5326 TGT 5289 and 5246 SL ABOVE 5348
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