Sensex- Technical Outlook and Trading Levels, 07 June 2010

Today, 16950 is the crucial intraday level for Sensex.

If Sensex sustains below 16950,  then it could test 16730 and below that level it could test 16550
Instead, if Sensex trades above 16950, then it could test 17200.

Technical View and Trading Levels of Cnx IT & Bank Nifty, 07 June 2010

Bank Nifty Intraday levels and range 

Today, 9400 is crucial for Intraday.

If Bank Nifty sustains below 9400, then it could test 9220 and below that level it could test 9100.
Instead, if Bank Nifty trades above 9400, then it could test 9460.