Wednesday, May 07, 2014

Sensex - Technical Outlook and Trading Levels, 7 May 2014

Today, 22550 is the crucial intraday level for Sensex.
If Sensex sustains below 22550, then it could test 22450 and below that level it could test 22350.
Instead, if Sensex trades above 22550, then it could test 22750.

Technical View of Cnx IT & Bank Nifty, 7 May 2014

Bank Nifty Intraday levels and trading tips
Today, 12950 is crucial for Intraday.
If Bank Nifty sustains below 12950 then it could test 12850, and below that level it could test 12800.
Instead, if Bank Nifty trades above 12950, then it could test 13130.