Nifty - Technical Outlook and Intraday Trading Levels, 02 June 2010

Today, 5020 is the crucial intraday level for Nifty.

If Nifty sustains below 5020, then it could test 4950 and below that level it could test 4890.
Instead, if Nifty trades above 5020, then it could test 5050.

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 4730. Instead, if it trades above 4950, then it is likely to test 5110.

Nifty Futures - Intraday and Positional Trading Levels, 02 June 2010

Today, 4990 is the crucial Intraday Level for Nifty Futures.

If Nifty Futures sustains below 4890, then it could test 4930 and below that level it could test 4890.
Instead, if Nifty futures trades above 5020, then it could test 5050.