Tuesday, May 25, 2010

Nifty - Technical Outlook and Intraday Trading Levels, 25 May

Today, 4925 is the crucial intraday level for Nifty.
If Nifty sustains below 4925, then it could test 4860 and below that level it could test 4835.
Instead, if Nifty trades above 4925, then it could test 4960.


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 4730. Instead, if it trades above 4950, then it is likely to test 5200.

Nifty Futures - Intraday and Positional Trading Levels, 25 May

Today, 4925 is the crucial Intraday Level for Nifty Futures.
If Nifty Futures sustains below 4925, then it could test 4870 and below that level it could test 4835.
Instead, if Nifty futures trades above 4925, then it could test 4960.