Today, 9050 is crucial for Intraday.
If Bank Nifty sustains below 9050, then it could test 8850.
Instead, if Bank Nifty trades above 9050, then it could test 9200.
Instead, if Bank Nifty trades above 9050, then it could test 9200.
Short term Technical View of Bank Nifty
The level 8825 is crucial for Bank Nifty in the short term. As long as it trades below that level, a decline to 8000 level is likely. Instead, if it trades above 8825, then it could test 9800.
Cnx IT Intraday levels and range
Today, 5700 is the crucial intraday level.
If Cnx IT sustains above 5700, then it could test 5750.
Instead, if Cnx IT trades below 5700, then it could test 5600 and below that level it could test 5530.
Short term Technical View of Cnx IT
The level 5900 is crucial for Cnx IT is the short term. If it fails to move above this level, then it is likely to see a short term correction towards 5300 level. Instead, if it trades above 5900, then it could test 6180.
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