Sensex- Technical Outlook and Trading Levels, 16 October 2012

Today, 18820 the crucial intraday level for Sensex.

If Sensex sustains below 18820, then it could test 18650 and below that level it could test 18550.
Instead, if Sensex trades above 18820, then it could test 18880.

Technical View and Trading calls of Cnx IT & Bank Nifty, 16 October 2012

Bank Nifty Intraday levels and trading tips

Today, 11525 is crucial for Intraday.

If Bank Nifty sustains below 11525, then it could test 11380, and below that level it could test 11250.
Instead, if Bank Nifty trades above 11525, then it could test 11600.