Monday, February 22, 2010

Nifty - Technical Outlook and Intraday Trading Levels, 22 Feb

Today, 4845 is the crucial intraday level for Nifty.
If Nifty sustains below 4840, then it could test 4770.
Instead, if Nifty trades above 4840, then it could test 4880 and above that level it could test 4950.

Short term Technical View of Nifty

For the short term, the level 4950 is crucial. If it sustains below this level, then it is likely to test 4400. Instead, if it trades above 4950, then it is likely to test 5050.

Nifty Futures - Intraday and Positional Trading Levels, 22 Feb

Today, 4850 is the crucial Intraday Level for Nifty Futures.
If Nifty Futures sustains below 4850, then it could test 4760.
Instead, if Nifty trades above 4850, then it could test 4890 and above that level it could test 4950.