Tuesday, March 02, 2010

Nifty - Technical Outlook and Intraday Trading Levels, 2 March

Today, 4885 is the crucial intraday level for Nifty.
If Nifty sustains below 4885, then it could test 4840 and below that level it could test 4760.
Instead, if Nifty trades above 4885, then it could test 4950 and above that level it coud test 5000.

Short term Technical View of Nifty

For the short term, the level 4950 is crucial. If it sustains below this level, then it is likely to test 4400. Instead, if it trades above 4950, then it is likely to test 5050.

Nifty Futures - Intraday and Positional Trading Levels, 2 March

Today, 4890 is the crucial Intraday Level for Nifty Futures.
If Nifty Futures sustains below 4890, then it could test 4850 and below that level it could test 4760.
Instead, if Nifty trades above 4890, then it could test 4960 and above 4960, it could test 5010.