Sensex- Technical Outlook and Trading Levels, 16 November 2011

Today, 16700 is the crucial intraday level for Sensex.

If Sensex sustains below 16700, then it could test 16550 and below that level it could test 16300.
Instead, if Sensex trades above 16700, then it could test 17000.

Technical View and Trading calls of Cnx IT & Bank Nifty, 16 November 2011

Bank Nifty Intraday levels and trading tips

Today, 9150 is crucial for Intraday.

If Bank Nifty sustains below 9150, then it could test 8900, and below that level it could test 8650.
Instead, if Bank Nifty trades above 9150, then it could test 9200.