Nifty Technical Outlook, Positional & Intraday Trading Levels, 07 September 2015

Today, 7700 is the crucial intraday level for Nifty.

If Nifty sustains below 7700, then it could test 7550 and below that level it could test 7500.

Instead, if Nifty trades above 7700, then it could test 7770.

Short term Technical View of Nifty

For the short term, the level 7600 is crucial. If it sustains below this level, then it is likely to test 7000. Instead, if it trades above 7600, then it is likely to test 8100.

Medium term outlook of Nifty dated on 24 August 2015

The medium term outlook of Nifty would remain bullish if it sustains above 7000. Nifty is likely to correct towards 7000.

Long term outlook of Nifty dated on 07 November 2014

The long term outlook of Nifty is looking bullish and this view holds good as long as Nifty sustains above 7000 and in the upper side it is likely to test 11000 in coming months.