Tuesday, March 16, 2010

Sensex- Technical Outlook and Trading Levels, 16 March

Today, 17200 is the crucial intraday level for Sensex.
If Sensex sustains below 17200,  then it could test 17040 and below that level it could test 16850.
Instead, if Sensex trades above 17200, then it could test 17300.

Technical View and Trading Levels of Cnx IT & Bank Nifty, 16 March

Bank Nifty Intraday levels and range 

Today, 9075 is crucial for Intraday.
If Bank Nifty sustains below 9075, then it could test 8950 and below that level it could test 8850.
Instead, if Bank Nifty trades above 9075, then it could test 9150.