Thursday, May 08, 2014

Sensex - Technical Outlook and Trading Levels, 8 May 2014

Today, 22200 is the crucial intraday level for Sensex.
If Sensex sustains below 22200, then it could test 22000 and below that level it could test 21900.
Instead, if Sensex trades above 22200, then it could test 22750.

Technical View of Cnx IT & Bank Nifty, 8 May 2014

Bank Nifty Intraday levels and trading tips
Today, 13000 is crucial for Intraday.
If Bank Nifty sustains below 13000 then it could test 12900, and below that level it could test 12850.
Instead, if Bank Nifty trades above 13000, then it could test 13200.