Thursday, October 07, 2010

Sensex- Technical Outlook and Trading Levels, 7 October 2010

Today, 20550 is the crucial intraday level for Sensex.
If Sensex sustains below 20550,  then it could test 20450 and below that level it could test 20250.
Instead, if Sensex trades above 20550, then it could test 20700.

Technical View and Trading calls of Cnx IT & Bank Nifty, 7 October 2010

Bank Nifty Intraday levels and trading tips
Today, 12680 is crucial for Intraday.
If Bank Nifty sustains below 12680, then it could test 12570, and below that level it could test 12500.
Instead, if Bank Nifty trades above 12680, then it could test 12800.