Intraday Trading Calls - 4 August 2014

Date 04/8/14, Time 09.30 - Sell Nity Fut @ 7660 Stop 7675. Target 7600.
                       Time 12.05 - Buy Nity Fut @ 7685 Stop 7665. Target 7720.

                     

Nifty Technical Outlook, Positional & Intraday Trading Levels, 4 August 2014

Today, 7575 is the crucial intraday level for Nifty.

If Nifty sustains below 7575, then it could test 7550 and below that level it could test 7500.
Instead, if Nifty trades above 7575, then it could test 7745.