Nifty Technical Outlook, Positional & Intraday Trading Levels, calls, and tips, 3 May 2012

Today, 5240 is the crucial intraday level for Nifty.

If Nifty sustains below 5240, then it could test 5195 and below that level it could test 5150.
Instead, if Nifty trades above 5240 then it could test 5280.

Nifty Futures Technical Analysis - Intraday and Positional Trading calls, 3 May 2012

Today, 5252 is the crucial Intraday Level for Nifty Futures.

If Nifty Futures sustains below 5252, then it could test 5220 and below that level it could test 5160. 
Instead, if Nifty futures trades above 5252, then it could test 5300.