Friday, October 16, 2015

Sensex - Technical Outlook and Trading Levels, 16 October 2015

Today, 27050 is the crucial intraday level for Sensex.
If Sensex sustains below 27050, then it could test 26950 and below that level it could test 26900.
Instead, if Sensex trades above 27050, then it could test 27200.


Technical View of Cnx IT & Bank Nifty, 16 October 2015

Bank Nifty Intraday levels and trading tips
Today, 17750 is crucial for Intraday.
If Bank Nifty sustains below 17750 then it could test 17600 and below that level it could test 17500.
Instead, if Bank Nifty trades above 17750 then it could test 17950.