Tuesday, May 17, 2011

Nifty Futures Technical Analysis - Intraday and Positional Trading calls, 17 May 2011

Today, 5520 is the crucial Intraday Level for Nifty Futures.
If Nifty Futures sustains below 5520, then it could test 5460 and below that level it could test 5400
Instead, if Nifty futures trades above 5520, then it could test 5560.


Sensex- Technical Outlook and Trading Levels, 17 May 2011

Today, 18450 is the crucial intraday level for Sensex.
If Sensex sustains below 18450, then it could test 18200 and below that level it could test 18000.
Instead, if Sensex trades above 18450, then it could test 18600.