NIFTY FUTURE (17 JULY 2012)

NIFTY FUTURE(JULY)

EXPECTED HIGH 3:5298.50

EXPECTED HIGH 2:5279.00

EXPECTED HIGH 1:5235.50

HURDLE:5216.00

EXPECTED LOW 1:5172.50

EXPECTED LOW 2:5153.00

EXPECTED LOW 3:5109.50

TECHNICAL VIEW

TECHNICAL TREND: BEARISH
(BUY=2,SELL=6,NEUTRAL=3)

MAS:NEUTRAL+IS:HEAVY SELL=SUMMARY:SELL

RSI(14) 54.249 NEUTRAL

STOCH(9,6) 57.007 SELL

STOCHRSI(14) 4.675 OVERSOLD

MACD(12,26) 67.079 BUY

ADX(14) 47.375 NEUTRAL

WILLIAMS %R -48.283 SELL

CCI(14) -33.2998 SELL

ATR(14) 60.4286 LESS VOLATILITY

HIGHS/LOWS(14) 0.0000 SELL

ULTIMATE OSCILLATOR 53.441 SELL

ROC 1.986 BUY

BULL/BEAR POWER(13) -55.3060 SELL

BEST LEVELS

 5143.80 BUY (DMA100)
 5183.90 BUY (DMA200)
INTRADAY MOMENTUM TRADE

BUY NIFTY FUTURE(JULY) ABOVE 5234 TGT 5285 AND 5309 SL BELOW 5196
SELL NIFTY FUTURE(JULY) BELOW 5191 TGT 5146 AND 5107 SL ABOVE 5225
WEEKLY NIFTY FUTURE VIEW

BUY NIFTY FUTURE(JULY) ABOVE 5303 TGT 5412 AND 5547 SL BELOW 5236
SELL NIFTY FUTURE(JULY) BELOW 5207 TGT 5143 AND 5008 SL ABOVE 5282

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