Tuesday, May 17, 2011

Nifty Technical Outlook, Positional & Intraday Trading Levels, calls, and tips, 17 May 2011

Today, 5510 is the crucial intraday level for Nifty.
If Nifty sustains below 5510, then it could test 5450 and below that level it could test 5400.
Instead, if Nifty trades above 5510, then it could test 5550.

Nifty Futures Technical Analysis - Intraday and Positional Trading calls, 17 May 2011

Today, 5520 is the crucial Intraday Level for Nifty Futures.
If Nifty Futures sustains below 5520, then it could test 5460 and below that level it could test 5400
Instead, if Nifty futures trades above 5520, then it could test 5560.