Sensex- Technical Outlook and Trading Levels, 3 February

Today, 16250 is the crucial intraday level for Sensex.

If Sensex sustains below 16250, then it could test 16150.

Instead, if Sensex trades above 16250, then it could test 16350 and above that level it could test 16550.

Technical View and Trading Levels of Cnx IT & Bank Nifty,3 Feb

Bank Nifty Intraday levels and range 

Today, 8550 is crucial for Intraday.

If Bank Nifty sustains below 8550, then it could test 8490.

Instead, if Bank Nifty trades above 8550, then it could test 8625 and above that level it could test 8750.