Monday, December 12, 2011

Sensex- Technical Outlook and Trading Levels, 12 December 2011

Today, 16400 the crucial intraday level for Sensex.
If Sensex sustains below 16400, then it could test 16150 and below that level it could test 15900.
Instead, if Sensex trades above 16400, then it could test 16550.

Technical View and Trading calls of Cnx IT & Bank Nifty, 12 December 2011

Bank Nifty Intraday levels and trading tips
Today, 8950 is crucial for Intraday.
If Bank Nifty sustains below 8950, then it could test 8700, and below that level it could test 8500.
Instead, if Bank Nifty trades above 8950, then it could test 9050.