Bank Nifty (spot) 8599.00
Bank Nifty Intraday levels and range
Today, if Bank Nifty sustains below 9000, then it could test 8850 and below that level it could test 8700.
Instead, if Bank Nifty trades above 9000, then it could test 9100.
For Intraday, the crucial level is 9000.
Short term Technical View of Bank Nifty
The level 9050 is crucial for Bank Nifty in the short term. As long as it trades below that level, a decline to 8000 level by this month end is likely
Cnx IT (spot) 5687.00
Cnx IT Intraday levels and range
Today, if Cnx IT sustains below 5780, then it could test 5900.
Instead, if Cnx IT trades above 5780, then it could test 5740.
For Intraday, the crucial level is 5780.
Short term Technical View of Cnx IT
The level 5780 is crucial for Cnx IT is the short term. If it fails to move above this level, then it is likely to see a short term correction towards 5300 level. Instead, if it trades above 5780, then it could test 5900.
