Friday, December 16, 2011

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

Today, 4790 is the crucial Intraday Level for Nifty Futures.
If Nifty Futures sustains below 4790, then it could test 4730 and below that level it could test 4650
Instead, if Nifty futures trades above 4790, then it could test 4850.


Sensex- Technical Outlook and Trading Levels, 16 December 2011

Today, 16050 the crucial intraday level for Sensex.
If Sensex sustains below 16050, then it could test 15800 and below that level it could test 15600.
Instead, if Sensex trades above 16050, then it could test 16150.