Nifty - Technical Outlook and Intraday Trading Levels, 16 April

Today, 5290 is the crucial intraday level for Nifty.

If Nifty sustains below 5290, then it could test 5250 and below that level, it could test 5200.

Instead, if Nifty trades above 5290, then it could test 5350.

Short term Technical View of Nifty

For the short term, the level 5180 is crucial. If it sustains below this level, then it is likely to test 5100. Instead, if it trades above 5180, then it is likely to test 5400.

Nifty Futures - Intraday and Positional Trading Levels, 16 April

Today, 5305 is the crucial Intraday Level for Nifty Futures.

If Nifty Futures sustains below 5305, then it could test 5240 and below that level it could test 5200.

Instead, if Nifty futures trades above 5305 then it could test 5350.