Friday, August 16, 2013

Sensex - Technical Outlook and Trading Levels, 16 August 2013

Today, 19400 is the crucial intraday level for Sensex.
If Sensex sustains below 19400, then it could test 19250 and below that level it could test 19150.
Instead, if Sensex trades above 19400, then it could test 19500.

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

Bank Nifty Intraday levels and trading tips
 
Today, 10070 is crucial for Intraday.
If Bank Nifty sustains below 10070 then it could test 9900, and below that level it could test 9800.
Instead, if Bank Nifty trades above 10070, then it could test 100150.