Monday, May 23, 2011

Nifty Futures Technical Analysis - Intraday and Positional Trading calls, 23 May 2011

Today, 5530 is the crucial Intraday Level for Nifty Futures.
If Nifty Futures sustains below 5530, then it could test 5450 and below that level it could test 5400
Instead, if Nifty futures trades above 5530, then it could test 5620.


Sensex- Technical Outlook and Trading Levels, 23 May 2011

Today, 18450 is the crucial intraday level for Sensex.
If Sensex sustains below 18450, then it could test 18250 and below that level it could test 18000.
Instead, if Sensex trades above 18450, then it could test 18600.