NIFTY FUTURE (7 AUG 2012)

NIFTY FUTURE(AUG)

EXPECTED HIGH 3:5342.25

EXPECTED HIGH 2:5325.50

EXPECTED HIGH 1:5309.75

HURDLE:5293.00

EXPECTED LOW 1:5277.25

EXPECTED LOW 2:5260.50

EXPECTED LOW 3:5244.75

TECHNICAL VIEW

TECHNICAL TREND: BULLISH
(BUY=7,SELL=0,NEUTRAL=4)

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

RSI(14) 54.249 buy

STOCH(9,6) 57.007 OVER BOUGHT

STOCHRSI(14) 4.675 OVERBOUGHT

MACD(12,26) 67.079 BUY

ADX(14) 47.375 BUY

WILLIAMS %R -48.283 OVER BOUGHT

CCI(14) -33.2998 BUY

ATR(14) 60.4286 less VOLATILITY

HIGHS/LOWS(14) 0.0000 BUY

ULTIMATE OSCILLATOR 53.441 over bought

ROC 1.986 BUY

BULL/BEAR POWER(13) -55.3060 BUY

BEST LEVELS

 5153.75 BUY (DMA100)
 5186.00 BUY (DMA200)
INTRADAY MOMENTUM TRADE

BUY NIFTY FUTURE(AUG) ABOVE 5313 TGT 5355 AND 5384 SL BELOW 5290
SELL NIFTY FUTURE(AUG) BELOW 5287 TGT 5256 AND 5225 SL ABOVE 5305
WEEKLY NIFTY FUTURE VIEW

BUY NIFTY FUTURE(AUG) ABOVE 5283 TGT 5369 AND 5474 SL BELOW 5225
SELL NIFTY FUTURE(AUG) BELOW 5200 TGT 5106 AND 5041 SL ABOVE 5250

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