Tuesday, May 06, 2014

Sensex - Technical Outlook and Trading Levels, 6 May 2014

Today, 22600 is the crucial intraday level for Sensex.
If Sensex sustains below 22600, then it could test 22500 and below that level it could test 22450.
Instead, if Sensex trades above 22600, then it could test 22750.

Technical View of Cnx IT & Bank Nifty, 6 May 2014

Bank Nifty Intraday levels and trading tips
Today, 13000 is crucial for Intraday.
If Bank Nifty sustains below 13000 then it could test 12950, and below that level it could test 12900.
Instead, if Bank Nifty trades above 13000, then it could test 13130.