Sensex- Technical Outlook and Trading Levels, 17 May 2010

Today, 16550 is the crucial intraday level for Sensex.

If Sensex sustains below 16550,  then it could test 17350.
Instead, if Sensex trades above 16550, then it could test 16850.

Technical View and Trading Levels of Cnx IT & Bank Nifty, 17 May

Bank Nifty Intraday levels and range 

Today, 9450 is crucial for Intraday.

If Bank Nifty sustains below 9450, then it could test 9300.
Instead, if Bank Nifty trades above 9450, then it could test 9550.