Sensex- Technical Outlook and Trading Levels, 16 April 2012

Today, 17050 the crucial intraday level for Sensex.

If Sensex sustains below 17050, then it could test 16950 and below that level it could test 16800.
Instead, if Sensex trades above 17050, then it could test 17200.

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

Bank Nifty Intraday levels and trading tips

Today, 10280 is crucial for Intraday.

If Bank Nifty sustains below 10280, then it could test 10150, and below that level it could test 10050.
Instead, if Bank Nifty trades above 10280, then it could test 10400.