Thursday, April 17, 2014

Nifty Technical Outlook, Positional & Intraday Trading Levels, 17 April 2014

Today, 6650 is the crucial intraday level for Nifty.
If Nifty sustains below 6650, then it could test 6620 and below that level it could test 6580.
Instead, if Nifty trades above 6650, then it could test 6750.


Nifty Futures Technical Analysis - Intraday and Positional Trading calls, 17 April 2014

Today, 6685 is the crucial Intraday Level for Nifty Futures.
If Nifty Futures sustains below 6685, then it could test 6650 and below that level it could test 6580
Instead, if Nifty futures trades above 6685, then it could test 6785.


Sensex - Technical Outlook and Trading Levels, 17 April 2014

Today, 22150 is the crucial intraday level for Sensex.
If Sensex sustains below 22150, then it could test 22000 and below that level it could test 21900.
Instead, if Sensex trades above 22150, then it could test 22550.

Technical View of Cnx IT & Bank Nifty, 17 April 2014

Bank Nifty Intraday levels and trading tips
Today, 12500 is crucial for Intraday.
If Bank Nifty sustains below 12500 then it could test 12400, and below that level it could test 12200.
Instead, if Bank Nifty trades above 12500, then it could test 12900.

Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel - 17 April 2014

Reliance

Today, 935 the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 935 is crucial for short term. Positional Traders, trade long above 935 for a target of 975. Trade short below 935 for a target of 920.