Friday, March 16, 2012

Nifty Technical Outlook, Positional & Intraday Trading Levels, calls, and tips, 16 March 2012

Today, 5425 is the crucial intraday level for Nifty.
If Nifty sustains below 5425, then it could test 5350 and below that level it could test 5250.
Instead, if Nifty trades above 5425 then it could test 5500.

Nifty Futures Technical Analysis - Intraday and Positional Trading calls, 16 March 2012

Today, 5470 is the crucial Intraday Level for Nifty Futures.
If Nifty Futures sustains below 5470, then it could test 5400 and below that level it could test 5300
Instead, if Nifty futures trades above 5470, then it could test 5540.