Sensex- Technical Outlook and Trading Levels, 01 June 2010

Today, 16800 is the crucial intraday level for Sensex.

If Sensex sustains below 16800,  then it could test 16700 and below that level it could test 16450
Instead, if Sensex trades above 16800, then it could test 17020.

Technical View and Trading Levels of Cnx IT & Bank Nifty, 01 June

Bank Nifty Intraday levels and range 

Today, 9400 is crucial for Intraday.

If Bank Nifty sustains below 9400, then it could test 9100.
Instead, if Bank Nifty trades above 9400, then it could test 9570.