Nifty - Technical Outlook and Intraday Trading Levels, 31 May

Today, 5070 is the crucial intraday level for Nifty.

If Nifty sustains below 5070, then it could test 4980 and below that level it could test 4930.
Instead, if Nifty trades above 5070, then it could test 5110.

Short term Technical View of Nifty

For the short term, the level 4950 is crucial. If it sustains below this level, then it is likely to test 4730. Instead, if it trades above 4950, then it is likely to test 5070.

Nifty Futures - Intraday and Positional Trading Levels, 31 May

Today, 5060 is the crucial Intraday Level for Nifty Futures.

If Nifty Futures sustains below 5060, then it could test 4980 and below that level it could test 4930.
Instead, if Nifty futures trades above 5060, then it could test 5110.