Thursday, January 16, 2014

Sensex - Technical Outlook and Trading Levels, 16 January 2014

Today, 21350 is the crucial intraday level for Sensex.
If Sensex sustains below 21350, then it could test 21150 and below that level it could test 21000.
Instead, if Sensex trades above 21350, then it could test 21450.

Technical View of Cnx IT & Bank Nifty, 16 January 2014

Bank Nifty Intraday levels and trading tips
Today, 11170 is crucial for Intraday.
If Bank Nifty sustains below 11170 then it could test 11000, and below that level it could test 10900.
Instead, if Bank Nifty trades above 11170, then it could test 11300.