Monday, April 16, 2012

Nifty Technical Outlook, Positional & Intraday Trading Levels, calls, and tips, 16 April 2012

Today, 5190 is the crucial intraday level for Nifty.
If Nifty sustains below 5190, then it could test 5130 and below that level it could test 5070.
Instead, if Nifty trades above 5190 then it could test 5235.


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.