Monday, March 15, 2010

Nifty - Technical Outlook and Intraday Trading Levels, 15 March

Today, 5115 is the crucial intraday level for Nifty.
If Nifty sustains below 5115, then it could test 5095 and below that level it could test 5060.
Instead, if Nifty trades above 5115, then it could test 5170.

Short term Technical View of Nifty

For the short term, the level 5000 is crucial. If it sustains below this level, then it is likely to test 4750. Instead, if it trades above 5000, then it is likely to test 5180.

Nifty Futures - Intraday and Positional Trading Levels, 15 March

Today, 5120 is the crucial Intraday Level for Nifty Futures.
If Nifty Futures sustains below 5120, then it could test 5100 and below that level it could test 5040.
Instead, if Nifty trades above 5120, then it could test 5180.