Wednesday, August 24, 2011

Sensex- Technical Outlook and Trading Levels, 24 August 2011

Today, 16600 is the crucial intraday level for Sensex.
If Sensex sustains below 16600, then it could test 16380 and below that level it could test 15250.
Instead, if Sensex trades above 16600, then it could test 16700.

Technical View and Trading calls of Cnx IT & Bank Nifty, 24 August 2011

Bank Nifty Intraday levels and trading tips
Today, 9585 is crucial for Intraday.
If Bank Nifty sustains below 9585, then it could test 9450, and below that level it could test 9350.
Instead, if Bank Nifty trades above 9585, then it could test 9750.