Thursday, May 16, 2013

Sensex - Technical Outlook and Trading Levels, 16 May 2013

Today, 20215 is the crucial intraday level for Sensex.
If Sensex sustains below 20215, then it could test 20150 and below that level it could test 19850.
Instead, if Sensex trades above 20215, then it could test 20300.

Technical View of Cnx IT & Bank Nifty, 16 May 2013

Bank Nifty Intraday levels and trading tips
 
Today, 13100 is crucial for Intraday.
If Bank Nifty sustains below 13100 then it could test 12900, and below that level it could test 12600.
Instead, if Bank Nifty trades above 13100, then it could test 13300.