Wednesday, January 05, 2011

Nifty Futures Technical Analysis - Intraday and Positional Trading calls, 5 January 2011

Today, 6165 is the crucial Intraday Level for Nifty Futures.
If Nifty Futures sustains below 6165, then it could test 6120 and below that level it could test 6080
Instead, if Nifty futures trades above 6165, then it could test 6200.


Sensex- Technical Outlook and Trading Levels, 5 January 2011

Today, 20450 is the crucial intraday level for Sensex.
If Sensex sustains below 20450, then it could test 20350 and below that level it could test 20200.
Instead, if Sensex trades above 20450, then it could test 20850.