Monday, October 16, 2017

Sensex - Technical Outlook and Trading Levels, 16 October 2017

Today, 32700 is the crucial intraday level for Sensex.
If Sensex sustains below 32700, then it could test 32650 and below that level it could test 32600.
Instead, if Sensex trades above 32700, then it could test 32800.

Technical View of Bank Nifty & CNX IT, 16 October 2017

Bank Nifty Intraday levels
Today, 24600 is crucial for Intraday.
If Bank Nifty sustains below 24600 then it could test 24550 and below that level it could test 24500.
Instead, if Bank Nifty trades above 24600 then it could test 24850.