Thursday, May 05, 2011

Sensex- Technical Outlook and Trading Levels, 5 May 2011

Today, 18350 is the crucial intraday level for Sensex.
If Sensex sustains below 18350, then it could test 18100 and below that level it could test 18000.
Instead, if Sensex trades above 18350, then it could test 18700.

Technical View and Trading calls of Cnx IT & Bank Nifty, 5 May 2011

Bank Nifty Intraday levels and trading tips
Today, 11000 is crucial for Intraday.
If Bank Nifty sustains below 11000 then it could test 10800, and below that level it could test 10650.
Instead, if Bank Nifty trades above 11000, then it could test 11200.