Nifty Futures Technical Analysis - Intraday and Positional Trading calls, 12 January 2012

Today, 4890 is the crucial Intraday Level for Nifty Futures.

If Nifty Futures sustains below 4890, then it could test 4820 and below that level it could test 4780. 
Instead, if Nifty futures trades above 4890, then it could test 4930.

Sensex- Technical Outlook and Trading Levels, 12 January 2012

Today, 16150 the crucial intraday level for Sensex.

If Sensex sustains below 16150, then it could test 16050 and below that level it could test 15900.
Instead, if Sensex trades above 16150, then it could test 16210.