Wednesday, February 29, 2012

Nifty Technical Outlook, Positional & Intraday Trading Levels, calls, and tips, 29 February 2012

Today, 5460 is the crucial intraday level for Nifty.
If Nifty sustains below 5460, then it could test 5390 and below that level it could test 5340.
Instead, if Nifty trades above 5460 then it could test 5490.

Nifty Futures Technical Analysis - Intraday and Positional Trading calls, 29 February 2012

Today, 5520 is the crucial Intraday Level for Nifty Futures.
If Nifty Futures sustains below 5460, then it could test 5450 and below that level it could test 5400
Instead, if Nifty futures trades above 5520, then it could test 5550.