Tuesday, August 02, 2011

Nifty Technical Outlook, Positional & Intraday Trading Levels, calls, and tips, 2 August 2011

Today, 5495 is the crucial intraday level for Nifty.
If Nifty sustains below 5495, then it could test 5450 and below that level it could test 5380.
Instead, if Nifty trades above 5495 then it could test 5530.

Nifty Futures Technical Analysis - Intraday and Positional Trading calls, 2 August 2011

Today, 5490 is the crucial Intraday Level for Nifty Futures.
If Nifty Futures sustains below 5490, then it could test 5450 and below that level it could test 5380
Instead, if Nifty futures trades above 5490, then it could test 5525.