NIFTY FUTURE (12 JULY 2012)

NIFTY FUTURE(JULY)

EXPECTED HIGH 3:5375.00

EXPECTED HIGH 2:5362.15

EXPECTED HIGH 1:5339.00

HURDLE:5326.15

EXPECTED LOW 1:5303.00

EXPECTED LOW 2:5290.15

EXPECTED LOW 3:5267.00

TECHNICAL VIEW

TECHNICAL TREND: BULLISH
(BUY=7,SELL=1,NEUTRAL=3)

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

RSI(14) 58.538 Buy

STOCH(9,6) 70.926 Buy

STOCHRSI(14) 22.681 Oversold

MACD(12,26) 79.132 Buy

ADX(14) 54.990 Sell

Williams %R -26.794 Buy

CCI(14) 42.0890 Neutral

ATR(14) 58.0714 Less Volatility

Highs/Lows(14) 0.0000 Neutral

Ultimate Oscillator 58.432 Buy

ROC 3.343 Buy

Bull/Bear Power(13) 48.2480 Buy

BEST LEVELS

 5139.15 BUY (DMA100)
 5183.20 BUY (DMA200)
INTRADAY MOMENTUM TRADE

BUY NIFTY FUTURE(JULY) ABOVE 5338 TGT 5368 AND 5408 SL BELOW 5319
SELL NIFTY FUTURE(JULY) BELOW 5299 TGT 5235 AND 5246 SL ABOVE 5333
WEEKLY NIFTY FUTURE VIEW

BUY NIFTY FUTURE(JULY) ABOVE 5361 TGT 5400 AND 5483 SL BELOW 5308
SELL NIFTY FUTURE(JULY) BELOW 5299 TGT 5235 AND 5152 SL ABOVE 5351

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