Kiran

Nifty 4162.20


Short term Technical View of Nifty



As long as Nifty stays above 4080, the Short term trend would remain bullish and it could test 4500 in the upside. If it fails to hold above this level, then it could decline to 3950 level.


The last crucial level for the Nifty is 3600-3775. As long as Nifty stays above this level, the long term and Medium term bull trend of the market would be intact.




Extreme Short term view of Nifty

In the extreme short term, the level 4080 is crucial. The trend is likely to remain bullish as long as it stays above this level.



Nifty Intraday trading levels

Today, if Nifty trades above 4180, then it could test 4250. Instead, if it trades below 4145, then it could test 4080.




Trading Strategy for Nifty

Now the crucial level is 4180. Be long above this level and be short below this level.