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

Today, 5270 is the crucial intraday level for Nifty.

If Nifty sustains below 5270, then it could test 5190 and below that level it could test 5140.
Instead, if Nifty trades above 5270 then it could test 5300.

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

Today, 5275 is the crucial Intraday Level for Nifty Futures.

If Nifty Futures sustains below 5275, then it could test 5200 and below that level it could test 5160. 
Instead, if Nifty futures trades above 5275, then it could test 5310.