Thursday, August 18, 2011

Nifty Futures Technical Analysis - Intraday and Positional Trading calls, 18 August 2011

Today, 5075 is the crucial Intraday Level for Nifty Futures.
If Nifty Futures sustains below 5075, then it could test 5010 and below that level it could test 4950
Instead, if Nifty futures trades above 5075, then it could test 5120.


Sensex- Technical Outlook and Trading Levels, 18 August 2011

Today, 16780 is the crucial intraday level for Sensex.
If Sensex sustains below 16780, then it could test 16650 and below that level it could test 16450.
Instead, if Sensex trades above 16780, then it could test 16850.