Monday, August 22, 2011

Nifty Futures Technical Analysis - Intraday and Positional Trading calls, 22 August 2011

Today, 4875 is the crucial Intraday Level for Nifty Futures.
If Nifty Futures sustains below 4875, then it could test 4835 and below that level it could test 4780
Instead, if Nifty futures trades above 4875, then it could test 4950.


Sensex- Technical Outlook and Trading Levels, 22 August 2011

Today, 16240 is the crucial intraday level for Sensex.
If Sensex sustains below 16240, then it could test 16100 and below that level it could test 15950.
Instead, if Sensex trades above 16240, then it could test 16400.