Tuesday, August 16, 2011

Nifty Futures Technical Analysis - Intraday and Positional Trading calls, 16 August 2011

Today, 5130 is the crucial Intraday Level for Nifty Futures.
If Nifty Futures sustains below 5130, then it could test 5100 and below that level it could test 5000
Instead, if Nifty futures trades above 5130, then it could test 5170.


Sensex- Technical Outlook and Trading Levels, 16 August 2011

Today, 17025 is the crucial intraday level for Sensex.
If Sensex sustains below 17025, then it could test 16900 and below that level it could test 16650.
Instead, if Sensex trades above 17025, then it could test 17130.