NIFTY FUTURE (20 JULY 2012)

NIFTY FUTURE(JULY)

EXPECTED HIGH 3:5322.85

EXPECTED HIGH 2:5300.30

EXPECTED HIGH 1:5288.60

HURDLE:5266.05

EXPECTED LOW 1:5254.35

EXPECTED LOW 2:5231.80

EXPECTED LOW 3:5220.10

TECHNICAL VIEW

TECHNICAL TREND: NEUTRAL
(BUY=2,SELL=5,NEUTRAL=4)

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

RSI(14) 54.249 NEUTRAL

STOCH(9,6) 57.007 SELL

STOCHRSI(14) 4.675 SELL

MACD(12,26) 67.079 BUY

ADX(14) 47.375 NEUTRAL

WILLIAMS %R -48.283 SELL

CCI(14) -33.2998 NEUTRAL

ATR(14) 60.4286 LESS VOLATILITY

HIGHS/LOWS(14) 0.0000 NEUTRAL

ULTIMATE OSCILLATOR 53.441 SELL

ROC 1.986 SELL

BULL/BEAR POWER(13) -55.3060 BUY

BEST LEVELS

 5148.25 BUY (DMA100)
 5185.40 BUY (DMA200)
INTRADAY MOMENTUM TRADE

BUY NIFTY FUTURE(JULY) ABOVE 5263 TGT 5298 AND 5332 SL BELOW 5246
SELL NIFTY FUTURE(JULY) BELOW 5245 TGT 5208 AND 5176 SL ABOVE 5261
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