Sensex - Technical Outlook and Trading Levels, 22 January 2016

Today, 24300 is the crucial intraday level for Sensex.

If Sensex sustains below 24300, then it could test 24200 and below that level it could test 24100.

Instead, if Sensex trades above 24300, then it could test 24500.

Technical View of Cnx IT & Bank Nifty, 22 January 2016

Bank Nifty Intraday levels and trading tips

Today, 15400 is crucial for Intraday.

If Bank Nifty sustains below 15400 then it could test 15200 and below that level it could test 15000.

Instead, if Bank Nifty trades above 15400 then it could test 15500.

Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel - 22 January 2016

Reliance

Today, 1010 the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 1010 is crucial for short term. Positional Traders, trade long above 1010 for a target of 1020. Trade short below 1010 for a target of 970

Nifty Technical Outlook, Positional & Intraday Trading Levels, 21 January 2016

Today, 7350 is the crucial intraday level for Nifty.

If Nifty sustains below 7350, then it could test 7250 and below that level it could test 7200.

Instead, if Nifty trades above 7350, then it could test 7400.