Wednesday, March 16, 2011

Nifty Futures Technical Analysis - Intraday and Positional Trading calls, 16 March 2011

Today, 5500 is the crucial Intraday Level for Nifty Futures.
If Nifty Futures sustains below 5500, then it could test 5400 and below that level it could test 5350
Instead, if Nifty futures trades above 5500, then it could test 5550.


Sensex- Technical Outlook and Trading Levels, 16 March 2011

Today, 18320 is the crucial intraday level for Sensex.
If Sensex sustains below 18320, then it could test 18000 and below that level it could test 17800.
Instead, if Sensex trades above 18320, then it could test 18500.