Thursday, March 04, 2010

Nifty - Technical Outlook and Intraday Trading Levels, 4 March

Today, 5060 is the crucial intraday level for Nifty.
If Nifty sustains below 5060, then it could test 5030 and below that level it could test 5000.
Instead, if Nifty trades above 5060, then it could test 5100 and above that level it coud test 5150.

Short term Technical View of Nifty

For the short term, the level 5000 is crucial. If it sustains below this level, then it is likely to test 4750. Instead, if it trades above 5000, then it is likely to test 5180.

Nifty Futures - Intraday and Positional Trading Levels, 4 March

Today, 5055 is the crucial Intraday Level for Nifty Futures.
If Nifty Futures sustains below 5055, then it could test 5025 and below that level it could test 4995.
Instead, if Nifty trades above 5055, then it could test 5095 and above 5095, it could test 5150.