Nifty Technical Outlook, Positional & Intraday Trading Levels, 29 April 2015

Today, 8300 is the crucial intraday level for Nifty.

If Nifty sustains below 8300, then it could test 8240 and below that level it could test 8200.

Instead, if Nifty trades above 8300, then it could test 8360.

Nifty Futures Technical Analysis - Intraday and Positional Trading calls, 29 April 2015

Today, 8300 is the crucial Intraday Level for Nifty Futures.

If Nifty Futures sustains below 8300, then it could test 8240 and below that level it could test 8200. 

Instead, if Nifty futures trades above 8300, then it could test 8360.

Sensex - Technical Outlook and Trading Levels, 29 April 2015

Today, 27500 is the crucial intraday level for Sensex.

If Sensex sustains below 27500, then it could test 27300 and below that level it could test 27200.

Instead, if Sensex trades above 27500, then it could test 27650.

Technical View of Cnx IT & Bank Nifty, 29 April 2015

Bank Nifty Intraday levels and trading tips

Today, 18400 is crucial for Intraday.

If Bank Nifty sustains below 18400 then it could test 18200 and below that level it could test 18100.

Instead, if Bank Nifty trades above 18400 then it could test 18600.

Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel - 29 April 2015

Reliance

Today, 865 the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 865 is crucial for short term. Positional Traders, trade long above 865 for a target of 905. Trade short below 865 for a target of 840.