Friday, October 08, 2010

Sensex- Technical Outlook and Trading Levels, 8 October 2010

Today, 20240 is the crucial intraday level for Sensex.
If Sensex sustains below 20240,  then it could test 20100 and below that level it could test 19900.
Instead, if Sensex trades above 20240, then it could test 20550.

Technical View and Trading calls of Cnx IT & Bank Nifty, 8 October 2010

Bank Nifty Intraday levels and trading tips
Today, 12575 is crucial for Intraday.
If Bank Nifty sustains below 12575, then it could test 12350, and below that level it could test 12200.
Instead, if Bank Nifty trades above 12575, then it could test 12680.