Wednesday, May 18, 2011

Nifty Futures Technical Analysis - Intraday and Positional Trading calls, 18 May 2011

Today, 5450 is the crucial Intraday Level for Nifty Futures.
If Nifty Futures sustains below 5450, then it could test 5400 and below that level it could test 5350
Instead, if Nifty futures trades above 5450, then it could test 5520.


Sensex- Technical Outlook and Trading Levels, 18 May 2011

Today, 18065 is the crucial intraday level for Sensex.
If Sensex sustains below 18065, then it could test 17800 and below that level it could test 17600.
Instead, if Sensex trades above 18065, then it could test 18450.