Sensex- Technical Outlook and Trading Levels, 02 June 2010

Today, 16700 is the crucial intraday level for Sensex.

If Sensex sustains below 16700,  then it could test 16550 and below that level it could test 16300
Instead, if Sensex trades above 16700, then it could test 16820.

Technical View and Trading Levels of Cnx IT & Bank Nifty, 02 June

Bank Nifty Intraday levels and range 

Today, 9200 is crucial for Intraday.

If Bank Nifty sustains below 9200, then it could test 9050.
Instead, if Bank Nifty trades above 9200, then it could test 9400.