Sensex- Technical Outlook and Trading Levels, 08 June 2010

Today, 16730 is the crucial intraday level for Sensex.

If Sensex sustains below 16730,  then it could test 16550 and below that level it could test 16200
Instead, if Sensex trades above 16730, then it could test 16950.

Technical View and Trading Levels of Cnx IT & Bank Nifty, 08 June 2010

Bank Nifty Intraday levels and range 

Today, 9325 is crucial for Intraday.

If Bank Nifty sustains below 9325, then it could test 9220 and below that level it could test 9100.
Instead, if Bank Nifty trades above 9325, then it could test 9400.