Wednesday, March 03, 2010

Nifty - Technical Outlook and Intraday Trading Levels, 3 March

Today, 5000 is the crucial intraday level for Nifty.
If Nifty sustains below 5000, then it could test 4950 and below that level it could test 4880.
Instead, if Nifty trades above 5000, then it could test 5050 and above that level it coud test 5080.

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, 3 March

Today, 5000 is the crucial Intraday Level for Nifty Futures.
If Nifty Futures sustains below 5000, then it could test 4950 and below that level it could test 4890.
Instead, if Nifty trades above 5000, then it could test 5050 and above 4960, it could test 5080.