Thursday, June 16, 2011

Nifty Futures Technical Analysis - Intraday and Positional Trading calls, 16 June 2011

Today, 5440 is the crucial Intraday Level for Nifty Futures.
If Nifty Futures sustains below 5440, then it could test 5360 and below that level it could test 5300
Instead, if Nifty futures trades above 5440, then it could test 5480.


Sensex- Technical Outlook and Trading Levels, 16 June 2011

Today, 18130 is the crucial intraday level for Sensex.
If Sensex sustains below 18130, then it could test 18000 and below that level it could test 17800.
Instead, if Sensex trades above 18130, then it could test 18230.