Wednesday, May 08, 2013

Sensex - Technical Outlook and Trading Levels, 8 May 2013

Today, 19900 is the crucial intraday level for Sensex.
If Sensex sustains below 19900, then it could test 19800 and below that level it could test 19650.
Instead, if Sensex trades above 19900, then it could test 20000.

Technical View of Cnx IT & Bank Nifty, 8 May 2013

Bank Nifty Intraday levels and trading tips
 
Today, 12700 is crucial for Intraday.
If Bank Nifty sustains below 12700 then it could test 12500, and below that level it could test 12350.
Instead, if Bank Nifty trades above 12700, then it could test 12800.