Tuesday, August 09, 2011

Nifty Futures Technical Analysis - Intraday and Positional Trading calls, 9 August 2011

Today, 5050 is the crucial Intraday Level for Nifty Futures.
If Nifty Futures sustains below 5050, then it could test 4950 and below that level it could test 4900
Instead, if Nifty futures trades above 5050, then it could test 5110.


Sensex- Technical Outlook and Trading Levels, 9 August 2011

Today, 16750 is the crucial intraday level for Sensex.
If Sensex sustains below 16750, then it could test 16500 and below that level it could test 16300.
Instead, if Sensex trades above 16750, then it could test 16950.