Nifty Futures Technical Analysis - Intraday and Positional Trading calls, 31 July 2012

Today, 5235 is the crucial Intraday Level for Nifty Futures.

If Nifty Futures sustains below 5235, then it could test 5175 and below that level it could test 5135. 
Instead, if Nifty futures trades above 5235, then it could test 5275.

Sensex- Technical Outlook and Trading Levels, 31 July 2012

Today, 17130 the crucial intraday level for Sensex.

If Sensex sustains below 17130, then it could test 17000 and below that level it could test 16850.
Instead, if Sensex trades above 17130, then it could test 17230.