Thursday, May 12, 2011

Sensex- Technical Outlook and Trading Levels, 12 May 2011

Today, 18600 is the crucial intraday level for Sensex.
If Sensex sustains below 18600, then it could test 18450 and below that level it could test 18300.
Instead, if Sensex trades above 18600, then it could test 18730.

Technical View and Trading calls of Cnx IT & Bank Nifty, 12 May 2011

Bank Nifty Intraday levels and trading tips
Today, 10950 is crucial for Intraday.
If Bank Nifty sustains below 10950 then it could test 10850, and below that level it could test 10650.
Instead, if Bank Nifty trades above 10950, then it could test 11210.