Nifty - Technical Outlook and Intraday Trading Levels, 09 July 2010

Today, 5295 is the crucial intraday level for Nifty.

If Nifty sustains below 5295, then it could test 5265 and below that level it could test 5235.
Instead, if Nifty trades above 5295, then it could test 5320 and above that level it could test 5380.

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 5450.

Nifty Futures - Intraday and Positional Trading Levels, 09 July 2010

Today, 5300 is the crucial Intraday Level for Nifty Futures.

If Nifty Futures sustains below 5300, then it could test 5270 and below that level it could test 5235. 
Instead, if Nifty futures trades above 5300, then it could test 5350.