Friday, October 18, 2013

Sensex - Technical Outlook and Trading Levels, 18 October 2013

Today, 20550 is the crucial intraday level for Sensex.
If Sensex sustains below 20550, then it could test 20380 and below that level it could test 20200.
Instead, if Sensex trades above 20550, then it could test 20650.

Technical View of Cnx IT & Bank Nifty, 18 October 2013

Bank Nifty Intraday levels and trading tips
 
Today, 10400 is crucial for Intraday.
If Bank Nifty sustains below 10400 then it could test 10200, and below that level it could test 10100.
Instead, if Bank Nifty trades above 10400, then it could test 10500.