Nifty - Technical Outlook and Intraday Trading Levels, 20 May

Today, 4980 is the crucial intraday level for Nifty.

If Nifty sustains below 4980, then it could test 4920.
Instead, if Nifty trades above 4980, then it could test 5025 and above that level it could test 5100.

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 4600. Instead, if it trades above 4950, then it is likely to test 5200.

Nifty Futures - Intraday and Positional Trading Levels, 20 May

Today, 4980 is the crucial Intraday Level for Nifty Futures.

If Nifty Futures sustains below 4980, then it could test 4920.
Instead, if Nifty futures trades above 4980, then it could test 5025 and above that level it could test 5100.