Monday, April 16, 2012

Nifty Futures Technical Analysis - Intraday and Positional Trading calls, 16 April 2012

Today, 5200 is the crucial Intraday Level for Nifty Futures.
If Nifty Futures sustains below 5200, then it could test 5130 and below that level it could test 5075
Instead, if Nifty futures trades above 5200, then it could test 5250.


Sensex- Technical Outlook and Trading Levels, 16 April 2012

Today, 17050 the crucial intraday level for Sensex.
If Sensex sustains below 17050, then it could test 16950 and below that level it could test 16800.
Instead, if Sensex trades above 17050, then it could test 17200.