Wednesday, April 23, 2014

Nifty Technical Outlook, Positional & Intraday Trading Levels, 23 April 2014

Today, 6840 is the crucial intraday level for Nifty.
If Nifty sustains below 6840, then it could test 6805 and below that level it could test 6780.
Instead, if Nifty trades above 6840, then it could test 6940.


Nifty Futures Technical Analysis - Intraday and Positional Trading calls, 23 April 2014

Today, 6840 is the crucial Intraday Level for Nifty Futures.
If Nifty Futures sustains below 6840, then it could test 6805 and below that level it could test 6780
Instead, if Nifty futures trades above 6840, then it could test 6940.


Sensex - Technical Outlook and Trading Levels, 23 April 2014

Today, 22850 is the crucial intraday level for Sensex.
If Sensex sustains below 22850, then it could test 22800 and below that level it could test 22700.
Instead, if Sensex trades above 22850, then it could test 23100.

Technical View of Cnx IT & Bank Nifty, 23 April 2014

Bank Nifty Intraday levels and trading tips
Today, 13050 is crucial for Intraday.
If Bank Nifty sustains below 13050 then it could test 12900, and below that level it could test 12800.
Instead, if Bank Nifty trades above 13050, then it could test 13300.

Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel - 23 April 2014

Reliance

Today, 965 the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 965 is crucial for short term. Positional Traders, trade long above 965 for a target of 995. Trade short below 965 for a target of 950.