Tuesday, May 03, 2011

Nifty Technical Outlook, Positional & Intraday Trading Levels, calls, and tips, 3 May 2011

Today, 5700 is the crucial intraday level for Nifty.
If Nifty sustains below 5700, then it could test 5640 and below that level it could test 5600.
Instead, if Nifty trades above 5700, then it could test 5735.

Nifty Futures Technical Analysis - Intraday and Positional Trading calls, 3 May 2011

Today, 5715 is the crucial Intraday Level for Nifty Futures.
If Nifty Futures sustains below 5715, then it could test 5655 and below that level it could test 5615
Instead, if Nifty futures trades above 5715, then it could test 5750.