Nifty Futures Technical Analysis - Intraday and Positional Trading calls, 5 January 2012

Today, 4780 is the crucial Intraday Level for Nifty Futures.

If Nifty Futures sustains below 4780, then it could test 4720 and below that level it could test 4680. 
Instead, if Nifty futures trades above 4780, then it could test 4840.

Sensex- Technical Outlook and Trading Levels, 5 January 2012

Today, 16000 the crucial intraday level for Sensex.

If Sensex sustains below 16000, then it could test 15750 and below that level it could test 15550.
Instead, if Sensex trades above 16000, then it could test 16125.