Sensex- Technical Outlook and Trading Levels, 8 December 2011

Today, 16850 the crucial intraday level for Sensex.

If Sensex sustains below 16850, then it could test 16670 and below that level it could test 16200.
Instead, if Sensex trades above 16850, then it could test 16900.

Technical View and Trading calls of Cnx IT & Bank Nifty, 8 December 2011

Bank Nifty Intraday levels and trading tips

Today, 9150 is crucial for Intraday.

If Bank Nifty sustains below 9150, then it could test 9020, and below that level it could test 8850.
Instead, if Bank Nifty trades above 9150, then it could test 9300.