Tuesday, April 06, 2010

Nifty - Technical Outlook and Intraday Trading Levels, 6 April

Today, 5350 is the crucial intraday level for Nifty.
If Nifty sustains below 5350, then it could test 5300.
Instead, if Nifty trades above 5350, then it could test 5395.

Short term Technical View of Nifty

For the short term, the level 5180 is crucial. If it sustains below this level, then it is likely to test 5100. Instead, if it trades above 5180, then it is likely to test 5400.

Nifty Futures - Intraday and Positional Trading Levels, 6 April

Today, 5347 is the crucial Intraday Level for Nifty Futures.
If Nifty Futures sustains below 5347, then it could test 5310.
Instead, if Nifty futures trades above 5347 then it could test 5385.