Thursday, March 11, 2010

Nifty - Technical Outlook and Intraday Trading Levels, 11 March

Today, 5095 is the crucial intraday level for Nifty.
If Nifty sustains below 5095, then it could test 5040 and below that level it could test 5000.
Instead, if Nifty trades above 5095, then it could test 5130 and above that level it could test 5180.

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, 11 March

Today, 5100 is the crucial Intraday Level for Nifty Futures.
If Nifty Futures sustains below 5100, then it could test 5040 and below that level it could test 5000.
Instead, if Nifty trades above 5100, then it could test 5130 and above that level it could test 5180.