Friday, August 12, 2011

Nifty Technical Outlook, Positional & Intraday Trading Levels, calls, and tips, 12 August 2011

Today, 5170 is the crucial intraday level for Nifty.
If Nifty sustains below 5170, then it could test 5100 and below that level it could test 5000.
Instead, if Nifty trades above 5170 then it could test 5220.

Nifty Futures Technical Analysis - Intraday and Positional Trading calls, 12 August 2011

Today, 5175 is the crucial Intraday Level for Nifty Futures.
If Nifty Futures sustains below 5175, then it could test 5110 and below that level it could test 5000
Instead, if Nifty futures trades above 5175, then it could test 5230.