Nifty Technical Outlook, Positional & Intraday Trading Levels, 5 January 2015

Today, 8440 is the crucial intraday level for Nifty.

If Nifty sustains below 8440, then it could test 8400 and below that level it could test 8350.

Instead, if Nifty trades above 8440, then it could test 8500.

Nifty Futures Technical Analysis - Intraday and Positional Trading calls, 5 January 2015

Today, 8490 is the crucial Intraday Level for Nifty Futures.

If Nifty Futures sustains below 8490, then it could test 8440 and below that level it could test 8390. 

Instead, if Nifty futures trades above 8490, then it could test 8540.