Tuesday, May 31, 2011

Nifty Futures Technical Analysis - Intraday and Positional Trading calls, 31 May 2011

Today, 5470 is the crucial Intraday Level for Nifty Futures.
If Nifty Futures sustains below 5470, then it could test 5400 and below that level it could test 5350
Instead, if Nifty futures trades above 5470, then it could test 5550.


Sensex- Technical Outlook and Trading Levels, 31 May 2011

Today, 18200 is the crucial intraday level for Sensex.
If Sensex sustains below 18200, then it could test 18050 and below that level it could test 17900.
Instead, if Sensex trades above 18200, then it could test 18450.