Friday, January 07, 2011

Sensex- Technical Outlook and Trading Levels, 7 January 2011

Today, 20250 is the crucial intraday level for Sensex.
If Sensex sustains below 20250, then it could test 20100 and below that level it could test 19000.
Instead, if Sensex trades above 20250, then it could test 20450.

Technical View and Trading calls of Cnx IT & Bank Nifty, 7 January 2011

Bank Nifty Intraday levels and trading tips
Today, 11120 is crucial for Intraday.
If Bank Nifty sustains below 11120, then it could test 11000, and below that level it could test 10850.
Instead, if Bank Nifty trades above 11120, then it could test 11230.