Friday, January 07, 2011

Nifty Futures Technical Analysis - Intraday and Positional Trading calls, 7 January 2011

Today, 6070 is the crucial Intraday Level for Nifty Futures.
If Nifty Futures sustains below 6070, then it could test 6030 and below that level it could test 5970
Instead, if Nifty futures trades above 6070, then it could test 6120.


Sensex- Technical Outlook and Trading Levels, 7 January 2011

Today, 20250 is the crucial intraday level for Sensex.
If Sensex sustains below 20250, then it could test 20100 and below that level it could test 19000.
Instead, if Sensex trades above 20250, then it could test 20450.