Nifty Technical Outlook, Positional & Intraday Trading Levels, calls, and tips, 30 September 2010

Today, 6000 is the crucial intraday level for Nifty.

If Nifty sustains below 6000, then it could test 6040.
Instead, if Nifty trades above 6000, then it could test 5870.

Nifty Futures Technical Analysis - Intraday and Positional Trading calls, 30 September 2010

Today, 6010 is the crucial Intraday Level for Nifty Futures.

If Nifty Futures sustains below 6010, then it could test 5870.
Instead, if Nifty futures trades above 6010, then it could test 6040.

Sensex- Technical Outlook and Trading Levels, 30 September 2010

Today, 20000 is the crucial intraday level for Sensex.

If Sensex sustains below 20000,  then it could test 19750 and below that level it could test 19600.
Instead, if Sensex trades above 20000, then it could test 20170.

Technical View and Trading calls of Cnx IT & Bank Nifty, 30 September 2010

Bank Nifty Intraday levels and trading tips

Today, 12210 is crucial for Intraday.

If Bank Nifty sustains below 12210, then it could test 12120, and below that level it could test 11950.
Instead, if Bank Nifty trades above 12210, then it could test 12350.

Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 30 September 2010

Reliance

Today, 995 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 995 is crucial for short term. Positional Traders, trade long above 995, for a target of 1025. Trade short below 995 for a target of 965.

Nifty Trading well below the crucial level of 6040 and made a lower top today

Earlier we have given 6040 as a crucial. It was stated earlier it would be bullish above this level. But, in contrary to the expectation, Nifty is trading below that level. And also today, it reacted sharply from its earlier high of 6073 which is a bearish sign. In the downside a break of 5990 would foretell a correction towards 5800 in coming trading sessions. One can go short below 5990 with a stop 6040 for a target of 5800 in coming trading sessions.

Positional Trade- Buy SBI Futures @ 3200, Target 3250- 29 September 2010

The short term trend of SBI is looking bullish and it is likely to test 3250 in another 2 or 3 trading sessions. Positional Traders can trade long in this scrip at 3200, with a stop at 3185 for a target of 3250. Below 3185, exit long positions.

Nifty is likely to rally towards 6125, if it sustains above 6040- September, 29, 2010

Nifty is likely to rally towards 6125 levels by expiry of this month, if it sustains above 6045 today. If it sustains all through the day today, then it is likely to top between 6125 and 6150 for September Expiry. The rally towards 6125 is likely to be followed by a correction towards 5700 by next month end.


Trade long above 6040 for a target of 6125.

Nifty Technical Outlook, Positional & Intraday Trading Levels, calls, and tips, 29 September 2010

Today, 6045 is the crucial intraday level for Nifty.

If Nifty sustains below 6045, then it could test 6015.
Instead, if Nifty trades above 6045, then it could test 6100.

Nifty Futures Technical Analysis - Intraday and Positional Trading calls, 29 September 2010

Today, 6060 is the crucial Intraday Level for Nifty Futures.

If Nifty Futures sustains below 6060, then it could test 6030.
Instead, if Nifty futures trades above 6060, then it could test 6100.

Sensex- Technical Outlook and Trading Levels, 29 September 2010

Today, 20170 is the crucial intraday level for Sensex.

If Sensex sustains below 20170,  then it could test 20050 and below that level it could test 19800.
Instead, if Sensex trades above 20170, then it could test 20300.

Technical View and Trading calls of Cnx IT & Bank Nifty, 29 September 2010

Bank Nifty Intraday levels and trading tips

Today, 12300 is crucial for Intraday.

If Bank Nifty sustains below 12300, then it could test 12230, and below that level it could test 12100.
Instead, if Bank Nifty trades above 12300, then it could test 12450.

Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 29 September 2010

Reliance

Today, 995 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 995 is crucial for short term. Positional Traders, trade long above 995, for a target of 1025. Trade short below 995 for a target of 965.

Nifty Technical Outlook, Positional & Intraday Trading Levels, calls, and tips, 28 September 2010

Today, 6025 is the crucial intraday level for Nifty.

If Nifty sustains below 6025, then it could test 5990.
Instead, if Nifty trades above 6025, then it could test 6095.

Nifty Futures Technical Analysis - Intraday and Positional Trading calls, 28 September 2010

Today, 6040 is the crucial Intraday Level for Nifty Futures.

If Nifty Futures sustains below 6040, then it could test 6010.
Instead, if Nifty futures trades above 6040, then it could test 6100.

Sensex- Technical Outlook and Trading Levels, 28 September 2010

Today, 20080 is the crucial intraday level for Sensex.

If Sensex sustains below 20080,  then it could test 19000 and below that level it could test 19800.
Instead, if Sensex trades above 20080, then it could test 20220.

Technical View and Trading calls of Cnx IT & Bank Nifty, 28 September 2010

Bank Nifty Intraday levels and trading tips

Today, 12230 is crucial for Intraday.

If Bank Nifty sustains below 12230, then it could test 12100, and below that level it could test 11950.
Instead, if Bank Nifty trades above 12230, then it could test 12400.

Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 28 September 2010

Reliance

Today, 995 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 995 is crucial for short term. Positional Traders, trade long above 995, for a target of 1025. Trade short below 995 for a target of 965.

Nifty Technical Outlook, Positional & Intraday Trading Levels, calls, and tips, 27 September 2010

Today, 6000 is the crucial intraday level for Nifty.

If Nifty sustains below 6000, then it could test 5945.
Instead, if Nifty trades above 6000, then it could test 6075.

Nifty Futures Technical Analysis - Intraday and Positional Trading calls, 27 September 2010

Today, 6010 is the crucial Intraday Level for Nifty Futures.

If Nifty Futures sustains below 6010, then it could test 5950.
Instead, if Nifty futures trades above 6010, then it could test 6100.

Sensex- Technical Outlook and Trading Levels, 27 September 2010

Today, 20000 is the crucial intraday level for Sensex.

If Sensex sustains below 20000,  then it could test 19000 and below that level it could test 19800.
Instead, if Sensex trades above 20000, then it could test 20220.

Technical View and Trading calls of Cnx IT & Bank Nifty, 27 September 2010

Bank Nifty Intraday levels and trading tips

Today, 12230 is crucial for Intraday.

If Bank Nifty sustains below 12230, then it could test 12100, and below that level it could test 11950.
Instead, if Bank Nifty trades above 12230, then it could test 12400.

Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 27 September 2010

Reliance

Today, 995 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 995 is crucial for short term. Positional Traders, trade long above 995, for a target of 1025. Trade short below 995 for a target of 965.

Nifty Technical Outlook, Positional & Intraday Trading Levels, calls, and tips, 24 September 2010

Today, 5945 is the crucial intraday level for Nifty.

If Nifty sustains below 5945, then it could test 5890.
Instead, if Nifty trades above 5945, then it could test 6000.

Nifty Futures Technical Analysis - Intraday and Positional Trading calls, 24 September 2010

Today, 5950 is the crucial Intraday Level for Nifty Futures.

If Nifty Futures sustains below 5950, then it could test 5900.
Instead, if Nifty futures trades above 5950, then it could test 6020.

Sensex- Technical Outlook and Trading Levels, 24 September 2010

Today, 19800 is the crucial intraday level for Sensex.

If Sensex sustains below 19800,  then it could test 19700 and below that level it could test 19550.
Instead, if Sensex trades above 19800, then it could test 20000.

Technical View and Trading calls of Cnx IT & Bank Nifty, 24 September 2010

Bank Nifty Intraday levels and trading tips

Today, 12080 is crucial for Intraday.

If Bank Nifty sustains below 12080, then it could test 11950, and below that level it could test 11850.
Instead, if Bank Nifty trades above 12080, then it could test 12200.

Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 24 September 2010

Reliance

Today, 995 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 995 is crucial for short term. Positional Traders, trade long above 995, for a target of 1025. Trade short below 995 for a target of 965.

Nifty Technical Outlook, Positional & Intraday Trading Levels, calls, and tips, 23 September 2010

Today, 5945 is the crucial intraday level for Nifty.

If Nifty sustains below 5945, then it could test 5890.
Instead, if Nifty trades above 5945, then it could test 6000.

Nifty Futures Technical Analysis - Intraday and Positional Trading calls, 23 September 2010

Today, 5950 is the crucial Intraday Level for Nifty Futures.

If Nifty Futures sustains below 5950, then it could test 5900.
Instead, if Nifty futures trades above 5950, then it could test 6020.

Sensex- Technical Outlook and Trading Levels, 23 September 2010

Today, 19800 is the crucial intraday level for Sensex.

If Sensex sustains below 19800,  then it could test 19700 and below that level it could test 19550.
Instead, if Sensex trades above 19800, then it could test 20000.

Technical View and Trading calls of Cnx IT & Bank Nifty, 23 September 2010

Bank Nifty Intraday levels and trading tips

Today, 12180 is crucial for Intraday.

If Bank Nifty sustains below 12180, then it could test 12000, and below that level it could test 11850.
Instead, if Bank Nifty trades above 12180, then it could test 12300.

Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 23 September 2010

Reliance

Today, 1025 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 1025 is crucial for short term. Positional Traders, trade long above 1025, for a target of 1050. Trade short below 1025 for a target of 995.

Nifty Technical Outlook, Positional & Intraday Trading Levels, calls, and tips, 22 September 2010

Today, 6030 is the crucial intraday level for Nifty.

If Nifty sustains below 6030, then it could test 5985 and below that level it could test 5910.

Instead, if Nifty trades above 6030, then it could test 6100.

Nifty Futures Technical Analysis - Intraday and Positional Trading calls, 22 September 2010

Today, 6040 is the crucial Intraday Level for Nifty Futures.

If Nifty Futures sustains below 6040, then it could test 6000 and below that level it could test 5925. 
Instead, if Nifty futures trades above 6040, then it could test 6100.

Sensex- Technical Outlook and Trading Levels, 22 September 2010

Today, 20020 is the crucial intraday level for Sensex.

If Sensex sustains below 20020,  then it could test 20120 and below that level it could test 20200.
Instead, if Sensex trades above 20020, then it could test 19850.

Technical View and Trading calls of Cnx IT & Bank Nifty, 22 September 2010

Bank Nifty Intraday levels and trading tips

Today, 12330 is crucial for Intraday.

If Bank Nifty sustains below 12330, then it could test 12150, and below that level it could test 11970.
Instead, if Bank Nifty trades above 12330, then it could test 12400.

Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 22 September 2010

Reliance

Today, 1045 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 1045 is crucial for short term. Positional Traders, trade long above 1045, for a target of 1075. Trade short below 1045 for a target of 1010.

Nifty Technical Outlook, Positional & Intraday Trading Levels, calls, and tips, 21 September 2010

Today, 6010 is the crucial intraday level for Nifty.

If Nifty sustains below 6010, then it could test 5970 and below that level it could test 5910.

Instead, if Nifty trades above 6010, then it could test 6030.

Nifty Futures Technical Analysis - Intraday and Positional Trading calls, 21 September 2010

Today, 6020 is the crucial Intraday Level for Nifty Futures.

If Nifty Futures sustains below 6020, then it could test 5985 and below that level it could test 5925. 
Instead, if Nifty futures trades above 6020, then it could test 6040.

Nifty Technical Outlook, Positional & Intraday Trading Levels, calls, and tips, 20 September 2010

Today, 5870 is the crucial intraday level for Nifty.

If Nifty sustains below 5870, then it could test 5810 and below that level it could test 5760.

Instead, if Nifty trades above 5870, then it could test 5950.

Nifty Futures Technical Analysis - Intraday and Positional Trading calls, 20 September 2010

Today, 5875 is the crucial Intraday Level for Nifty Futures.

If Nifty Futures sustains below 5875, then it could test 5825 and below that level it could test 5770. 
Instead, if Nifty futures trades above 5875, then it could test 5950.

Sensex- Technical Outlook and Trading Levels, 20 September 2010

Today, 19550 is the crucial intraday level for Sensex.

If Sensex sustains below 19550,  then it could test 19300 and below that level it could test 19150.
Instead, if Sensex trades above 19550, then it could test 19700.

Technical View and Trading calls of Cnx IT & Bank Nifty, 20 September 2010

Bank Nifty Intraday levels and trading tips

Today, 12100 is crucial for Intraday.

If Bank Nifty sustains below 12100, then it could test 12000, and below that level it could test 11900.
Instead, if Bank Nifty trades above 12100, then it could test 12250.

Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 20 September 2010

Reliance

Today, 1010 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 1010 is crucial for short term. Positional Traders, trade long above 1010, for a target of 1045. Trade short below 1010 for a target of 975.

Nifty Technical Outlook, Positional & Intraday Trading Levels, calls, and tips, 17 September 2010

Today, 5870 is the crucial intraday level for Nifty.

If Nifty sustains below 5870, then it could test 5810 and below that level it could test 5760.

Instead, if Nifty trades above 5870, then it could test 5950.

Nifty Futures Technical Analysis - Intraday and Positional Trading calls, 17 September 2010

Today, 5870 is the crucial Intraday Level for Nifty Futures.

If Nifty Futures sustains below 5870, then it could test 5825 and below that level it could test 5770. 
Instead, if Nifty futures trades above 5870, then it could test 5950.

Sensex- Technical Outlook and Trading Levels, 17 September 2010

Today, 19550 is the crucial intraday level for Sensex.

If Sensex sustains below 19550,  then it could test 19300 and below that level it could test 19150.
Instead, if Sensex trades above 19550, then it could test 19700.

Technical View and Trading calls of Cnx IT & Bank Nifty, 17 September 2010

Bank Nifty Intraday levels and trading tips

Today, 11970 is crucial for Intraday.

If Bank Nifty sustains below 11970, then it could test 11890, and below that level it could test 11840.
Instead, if Bank Nifty trades above 11970, then it could test 12250.

Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 17 September 2010

Reliance

Today, 1010 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 1010 is crucial for short term. Positional Traders, trade long above 1010, for a target of 1045. Trade short below 1010 for a target of 975.

Nifty Technical Outlook, Positional & Intraday Trading Levels, calls, and tips, 16 September 2010

Today, 5870 is the crucial intraday level for Nifty.

If Nifty sustains below 5870, then it could test 5810 and below that level it could test 5760.

Instead, if Nifty trades above 5870, then it could test 5950.

Nifty Futures Technical Analysis - Intraday and Positional Trading calls, 16 September 2010

Today, 5870 is the crucial Intraday Level for Nifty Futures.

If Nifty Futures sustains below 5870, then it could test 5825 and below that level it could test 5770. 
Instead, if Nifty futures trades above 5870, then it could test 5950.

Nifty Futures intraday Trading Strategy

For intraday, the crucial level is 5870. Trade short below this level and trade long above this level.

Nifty Futures Positional Trading Strategy

Positional traders can initiate shorts if it fails to sustain above 5550 for a target of 5100 with a stop at 5550 and trade long above 5550 for a target of 6000 with a stop at 5550.

Sensex- Technical Outlook and Trading Levels, 16 September 2010

Today, 19430 is the crucial intraday level for Sensex.

If Sensex sustains below 19430,  then it could test 19300 and below that level it could test 19150.
Instead, if Sensex trades above 19430, then it could test 19700.

Short term Technical View of Sensex

The level 18500 is crucial for the short term. If it sustains above this level, then it could test 20000. Instead, if it fails to trade above this level, then it could decline towards 17800 levels.

Medium term outlook of Sensex dated on 16 September 2010

The medium term outlook of Sensex would remain bullish if it sustains above 18500. Sensex is likely to top out in the medium term around 21000 levels in coming months.

Long term outlook of Sensex dated on 16 September 2010

The long term outlook of Sensex is looking bearish and it seems that Sensex is likely to top out around 21000 levels and it is likely to see a long term correction from that levels for atleast 3 years.