Nifty - Technical Outlook and Intraday Trading Levels, 02 July 2010

Today, 5265 is the crucial intraday level for Nifty.

If Nifty sustains below 5265, then it could test 5200 and below that level it could test 5170.
Instead, if Nifty trades above 5265, then it could test 5290 and above that level it could test 5330.

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 5450.

Nifty Futures - Intraday and Positional Trading Levels, 02 July 2010

Today, 5275 is the crucial Intraday Level for Nifty Futures.

If Nifty Futures sustains below 5275, then it could test 5200 and below that level it could test 5170. 
Instead, if Nifty futures trades above 5275, then it could test 5300.