Friday, April 30, 2010

Nifty - Technical Outlook and Intraday Trading Levels, 30 April

Today, 5270 is the crucial intraday level for Nifty.
If Nifty sustains below 5270, then it could test 5220.
Instead, if Nifty trades above 5270, then it could test 5300.


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, 30 April

Today, 5275 is the crucial Intraday Level for Nifty Futures.
If Nifty Futures sustains below 5275, then it could test 5220.
Instead, if Nifty futures trades above 5275 then it could test 5310.