Sensex- Technical Outlook and Trading Levels, 16 January 2012

Today, 16070 the crucial intraday level for Sensex.

If Sensex sustains below 16070, then it could test 16000 and below that level it could test 15900.
Instead, if Sensex trades above 16070, then it could test 16150.

Technical View and Trading calls of Cnx IT & Bank Nifty, 16 January 2012

Bank Nifty Intraday levels and trading tips

Today, 8850 is crucial for Intraday.

If Bank Nifty sustains below 8850, then it could test 8750, and below that level it could test 8650.
Instead, if Bank Nifty trades above 8850, then it could test 8950.