Tuesday, October 12, 2010

Sensex- Technical Outlook and Trading Levels, 12 October 2010

Today, 20380 is the crucial intraday level for Sensex.
If Sensex sustains below 20380,  then it could test 20300 and below that level it could test 20100.
Instead, if Sensex trades above 20380, then it could test 20450.

Technical View and Trading calls of Cnx IT & Bank Nifty, 12 October 2010

Bank Nifty Intraday levels and trading tips
Today, 12550 is crucial for Intraday.
If Bank Nifty sustains below 12550, then it could test 12350, and below that level it could test 12200.
Instead, if Bank Nifty trades above 12550, then it could test 12600.