Wednesday, February 16, 2011

Nifty Futures Technical Analysis - Intraday and Positional Trading calls, 16 February 2011

Today, 5510 is the crucial Intraday Level for Nifty Futures.
If Nifty Futures sustains below 5510, then it could test 5460 and below that level it could test 5410
Instead, if Nifty futures trades above 5510, then it could test 5550.


Sensex- Technical Outlook and Trading Levels, 16 February 2011

Today, 18320 is the crucial intraday level for Sensex.
If Sensex sustains below 18320, then it could test 18050 and below that level it could test 17850.
Instead, if Sensex trades above 18320, then it could test 18400.