Friday, August 05, 2011

Sensex- Technical Outlook and Trading Levels, 5 August 2011

Today, 17300 is the crucial intraday level for Sensex.
If Sensex sustains below 17300, then it could test 17200 and below that level it could test 17100.
Instead, if Sensex trades above 17300, then it could test 17500.

Technical View and Trading calls of Cnx IT & Bank Nifty, 5 August 2011

Bank Nifty Intraday levels and trading tips
Today, 10350 is crucial for Intraday.
If Bank Nifty sustains below 10350, then it could test 10200, and below that level it could test 10000.
Instead, if Bank Nifty trades above 10350, then it could test 10500.