Wednesday, May 02, 2012

Nifty Futures Technical Analysis - Intraday and Positional Trading calls, 2 May 2012

Today, 5260 is the crucial Intraday Level for Nifty Futures.
If Nifty Futures sustains below 5260, then it could test 5210 and below that level it could test 5160
Instead, if Nifty futures trades above 5260, then it could test 5290.


Sensex- Technical Outlook and Trading Levels, 2 May 2012

Today, 17450 the crucial intraday level for Sensex.
If Sensex sustains below 17450, then it could test 17350 and below that level it could test 17250.
Instead, if Sensex trades above 17450, then it could test 17550.