NIFTY FUTURE (23 JULY 2012)

NIFTY FUTURE(JULY)

EXPECTED HIGH 3:5310.35

EXPECTED HIGH 2:5287.55

EXPECTED HIGH 1:5250.10

HURDLE:5227.30

EXPECTED LOW 1:5189.85

EXPECTED LOW 2:5167.05

EXPECTED LOW 3:5129.60

TECHNICAL VIEW

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

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

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 SELL

WILLIAMS %R -48.283 OVERSOLD

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 SELL

BULL/BEAR POWER(13) -55.3060 SELL

BEST LEVELS

 5148.15 BUY (DMA100)
 5185.00 BUY (DMA200)
INTRADAY MOMENTUM TRADE

BUY NIFTY FUTURE(JULY) ABOVE 5233 TGT 5266 AND 5309 SL BELOW 5213
SELL NIFTY FUTURE(JULY) BELOW 5207 TGT 5181 AND 5138 SL ABOVE 5227
WEEKLY NIFTY FUTURE VIEW

BUY NIFTY FUTURE(JULY) ABOVE 5243 TGT 5313 AND 5406 SL BELOW 5203
SELL NIFTY FUTURE(JULY) BELOW 5195 TGT 5127 AND 5034 SL ABOVE 5233

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